NEW YORK, April 21, 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 Liberty Resources Ltd (ASX: LBY; OTCQX: LRTYY) an
Australian based fertilizer and clean energy company, has chosen to
have its American Depositary Receipts (ADRs) traded on the highest
tier of the OTC market, OTCQX®.
(Logo:
http://photos.prnewswire.com/prnh/20110118/MM31963LOGO )
Liberty Resources began trading today on the OTC market's
premier 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.
"OTCQX provides services to companies which enable them to
communicate with and engage their investors, while providing them
with transparent trading and easy access to company information,"
said R. Cromwell Coulson, President
and Chief Executive Officer of OTC Markets Group. "We are pleased
to welcome Liberty Resources to OTCQX."
BNY Mellon will serve as Liberty's Principal American Liaison
("PAL") on OTCQX, responsible for providing guidance on OTCQX
requirements.
About Liberty Resources Ltd
Liberty Resources Ltd (ASX: LBY; OTCQX: LRTYY) trades in
the United States on OTCQX under
the symbol "LRTYY", where each ADR represents 50 ordinary shares.
Liberty Resources Limited is an Australian based company focused on
developing a world class Urea Project in Queensland by converting un-mineable coal into
hydrogen syngas, which is used to produce low cost Urea.
Urbanization, especially in China
and India, is driving demand for
food production and presents an immediate market for urea. Clean
Fuels, including hydrogen, also present commercial opportunities
for refined syngas.
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.
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SOURCE OTC Markets Group Inc.