NEW YORK, April 29, 2013 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of Open, Transparent and Connected financial marketplaces, today announced that Potash Ridge Corporation (OTCQX: POTRF; TSX: PRK), a Canada-based mining company, has chosen to trade on OTCQX®, the best OTC marketplace with qualified companies.
Potash Ridge began trading today on OTCQX International, a segment of the OTCQX marketplace reserved for high-quality non-U.S. companies listed on a qualified stock exchange in their home country. U.S. investors can find current financial disclosures and Real-Time Level 2 quotes for the company on www.otcmarkets.com.
"We are pleased Potash Ridge has chosen to upgrade to OTCQX," said R. Cromwell Coulson, President and CEO of OTC Markets Group. "OTCQX is the best OTC marketplace offering qualifying companies like Potash Ridge the means to enhance their U.S. shareholder base through high-quality disclosure, transparent trading and ease of access to company information."
Guy Bentinck, Potash Ridge's President and Chief Executive Officer said, "We are very pleased to have achieved this strategic objective of providing US investors with efficient access to our stock. We believe that all shareholders will benefit from the corporation's exposure to a larger number of retail and institutional investors."
Berns & Berns will serve as Potash Ridge's Principal American Liaison ("PAL") on OTCQX, responsible for providing professional guidance on OTCQX requirements and U.S. securities laws.
Potash Ridge is a Canada-based exploration and development company with a unique opportunity to develop a mine and processing facility to produce sulphate of potash (SOP) and a bauxite-type material. The corporation's Blawn Mountain Project consists of four areas of surface mineable alunite mineralization in the State of Utah.
Potash Ridge trades in the U.S. on OTCQX under the symbol "POTRF."
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 with Qualified Companies; OTCQB®, The Venture Stage Marketplace with U.S. Reporting Companies; and OTC Pink®, The Open Marketplace with Variable Reporting Companies. 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.
SOURCE OTC Markets Group Inc.