NEW YORK, Dec. 23, 2014 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of Open, Transparent and Connected financial marketplaces, today announced Scorpio Mining Corp. (TSX: SPM; OTCQX: SMNPF), a silver mining company operating in Mexico, has qualified to trade on OTCQX®, the best marketplace.
Scorpio Mining begins trading today on OTCQX under the symbol "SMNPF." U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.
"We are pleased to welcome Scorpio Mining to the OTCQX marketplace," said R. Cromwell Coulson, President and CEO of OTC Markets Group. "Scorpio Mining joins the growing group of U.S. and global companies that are choosing to trade on OTCQX to provide their investors transparent trading and convenient access to their news and financial disclosure. We look forward to working with Scorpio Mining as the company continues to grow and expand its presences in the U.S. market."
Dorsey & Whitney LLP serves as Scorpio Mining's Principal American Liaison ("PAL") on OTCQX, responsible for providing professional guidance on OTCQX requirements and U.S. securities laws.
Scorpio Mining is a silver producer operating in Mexico with significant base metal by-product credits. The Nuestra Senora operation generates strong operational cash flow to support future financing requirements. The company remains focused on growth through advancing its nearby development projects to production and aggressive district-wide exploration.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates Open, Transparent and Connected financial marketplaces for 10,000 U.S. and global securities. Through our OTC Link® ATS, we directly link a diverse network of broker-dealers that provide liquidity and execution services for a wide spectrum of securities. We organize these securities into marketplaces to better inform investors of opportunities and risks – OTCQX®, The Best Marketplace; OTCQB®, The Venture Marketplace; and OTC Pink®, The Open Marketplace. Our data-driven platform enables investors to easily trade through the broker of their choice at the best possible price and empowers a broad range of companies to improve the quality and availability of information for their investors. To learn more about how we create better informed and more efficient financial marketplaces, visit www.otcmarkets.com.
OTC Link ATS is operated by OTC Link LLC, member FINRA/SIPC and SEC regulated ATS.
Saskia Sidenfaden, OTC Markets Group Inc., +1 (212) 896-4428, firstname.lastname@example.org
SOURCE OTC Markets Group Inc.