NEW YORK, June 18, 2012 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), the company that operates the world's largest electronic marketplace for OTC-traded equities, today announced that Sierra Iron Ore Corp. (OTCQX: SIOCF; TSX-V: NAA), a company engaged in the identification, acquisition, and exploration of precious metal resources in Mexico and Canada., is now trading on the highest tier of the OTC market, OTCQX®.
Sierra Iron Ore began trading today on the OTC market's prestigious tier, OTCQX International. Investors can find current financial disclosures and Real-Time Level 2 quotes for the Company on www.otcmarkets.com.
"The OTCQX platform offers investor-focused companies a winning combination of quality control, transparency, and broader visibility to U.S. investors," said R. Cromwell Coulson, President and Chief Executive Officer of OTC Markets Group. "We are pleased to welcome Sierra Iron Ore Corp. to OTCQX."
Kenneth I. Denos, P.C. will serve as Sierra Iron Ore's Principal American Liaison ("PAL") on OTCQX, responsible for providing guidance on OTCQX requirements and U.S. securities laws.
About Sierra Iron Ore Corp.
Sierra Iron Ore Corp. (OTCQX: SIOCF; TSX-V: NAA) trades in the United States on OTCQX under the symbol "SIOCF", and in Canada on the TSX Venture Exchange under the symbol "NAA". Sierra Iron Ore Corporation engages in the identification, acquisition, and exploration of precious metal resources in Mexico and Canada. It owns options to earn a 100% interest in 8 contiguous mineral claims covering an area of approximately 3,142 hectares located within the Aspen Grove copper camp in the Nicola Mining District, British Columbia; and a 50% interest in EL Creston, an iron deposit situated in the municipality of Choix, state of Sinaloa. The company is based in Surrey, Canada.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates the world's largest Open, Transparent and Connected financial marketplace platform, delivering price transparency in almost 10,000 OTC securities. The OTC Link® ATS directly links broker-dealers that provide liquidity and execution services. We organize the wide spectrum of OTC-traded securities into three marketplaces to inform investors of opportunities and risks – OTCQX® - The Intelligent Marketplace for the Best OTC Companies; OTCQB® - The Venture Marketplace; and OTC Pink® - The Open Marketplace. Our financial marketplace platform enables smarter trading through any broker at the best possible price, and empowers companies to improve the quality and availability of information for their investors. To learn more about our Open, Transparent and Connected financial marketplaces, visit www.otcmarkets.com.
OTC Link ATS operated by OTC Link LLC, member FINRA/SIPC and SEC registered ATS.
SOURCE OTC Markets Group Inc.