NEW YORK, March 8, 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, today announced that Rye Patch Gold Corp. (TSX.V: RPM; OTCQX: RPMGF), an exploration stage company engaged in the acquisition and exploration of gold properties in Nevada, is now trading on the OTC market's highest tier, OTCQX®.
Rye Patch Gold 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.otcqx.com and 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 Rye Patch Gold Corp. to OTCQX."
Dorsey & Whitney LLP will serve as Rye Patch Gold's Principal American Liaison ("PAL") on OTCQX, responsible for providing guidance on OTCQX requirements.
About Rye Patch Gold Corp.
Rye Patch Gold Corp. (TSX.V: RPM; OTCQX: RPMGF) trades in the United States on OTCQX under the symbol "RPMGF". Rye Patch is an exploration stage company engaged in the acquisition and exploration of gold properties located in the politically stable mining state of Nevada. The company has established gold and silver resources on its Wilco, Jessup and Lincoln Hill projects. Rye Patch plans on continuing to grow through acquisitions of resource projects and organic growth.
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. In 2010, securities on OTC Link traded over $144 billion in dollar volume, making it the third largest U.S. equity trading venue after NASDAQ and the New York Stock Exchange. We categorize the wide spectrum of OTC-traded companies into three tiers - OTCQX (the quality-controlled marketplace for investor friendly companies), OTCQB® (the U.S. reporting company marketplace for development stage companies), and OTC Pink™ (the speculative trading 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.
SOURCE OTC Markets Group Inc.