
NEW YORK, Dec. 13, 2011 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), the financial information and technology services company that provides the world's largest electronic marketplace for broker-dealers to trade unlisted stocks, announced that Ridgeline Energy Services Inc. (OTCQX: RGDEF; TSX.V: RLE), an energy services technology and consulting company focused on waste management in the oil and gas industry, is now trading on the highest tier of the OTC market, OTCQX®.
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Ridgeline Energy began trading today on the OTC market's prestigious tier, OTCQX International. Investors can find current financial disclosure and Real-Time Level 2 quotes for the Company on www.otcmarkets.com.
"The superior information and visibility of the OTCQX marketplace allows companies to efficiently build investor confidence and expand their shareholder base," said R. Cromwell Coulson, President and Chief Executive Officer of OTC Markets Group. "We are pleased to welcome Ridgeline Energy to OTCQX."
Dorsey & Whitney LLP will serve as Ridgeline Energy's Principal American Liaison ("PAL") on OTCQX, responsible for providing guidance on OTCQX requirements.
About Ridgeline Energy Services Inc.
Ridgeline Energy Services Inc. (OTCQX: RGDEF; TSX.V: RLE) trades in the United States on OTCQX under the symbol "RGDEF", and in Canada on the TSX Venture Exchange under the symbol "RLE". Ridgeline Energy Services Inc. is an energy services technology and consulting company focused on waste management in the oil and gas industry. Through its subsidiary Ridgeline Water Inc., the Company is applying proprietary technology to treat the large volumes of contaminated water generated by oil and gas production. The Company is working with energy majors in the application of its technology for the recycle and reuse of; produced and hydraulic fracturing water; enhanced recovery chemical flood water; and oil sands process water. As well the company is utilizing its technology in the testing and treatment of commercial and industrial waste water. Through its environmental consulting and remediation subsidiaries, Ridgeline Environment Inc. and Ridgeline GreenFill Inc., the Company has built a reputation as an established provider of environmental services to North America's oil and gas industry.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates the world's largest electronic marketplace for broker-dealers to trade unlisted stocks. Our OTC Link™ platform supports an open network of competing broker-dealers that provide investors with the best prices in over 10,000 OTC securities. We categorize the wide spectrum of OTC-traded companies into three tiers -- OTCQX (the intelligent marketplace), OTCQB® (the venture marketplace), and OTC Pink™ (the open marketplace) -- so investors can identify the level and quality of information companies provide. To learn more about how OTC Markets Group makes the unlisted markets more transparent, informed, and efficient, visit www.otcmarkets.com.
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SOURCE OTC Markets Group Inc.
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