NEW YORK, Dec. 17, 2013 /PRNewswire/ -- OTC Markets
Group Inc. (OTCQX: OTCM), operator of Open, Transparent and
Connected financial marketplaces, today announced that Maudore
Minerals Ltd. (OTCQX: MAOMF; TSX.V: MAO), a junior gold company
based in Montreal, Quebec, has
been approved to trade on OTCQX®, the best marketplace with
qualified companies.
(Logo:
http://photos.prnewswire.com/prnh/20110118/MM31963LOGO)
Maudore began trading today on OTCQX International, a segment of
the OTCQX marketplace reserved for high-quality non-U.S. companies
that are listed on a qualified international exchange, undergo
management reviews and provide their home country disclosure to
U.S. investors. U.S. investors can find current financial
disclosures and Real-Time Level 2 quotes for the company on
www.otcmarkets.com.
"We are pleased to welcome Maudore to OTCQX," said R. Cromwell Coulson, President and CEO of OTC
Markets Group. "Maudore is one of the numerous Canadian
junior mining companies that have chosen to trade on the OTCQX
marketplace and provide their U.S. investors with transparent
trading and timely access to their news and disclosure. We
look forward to working with Maudore's management team as they
continue to build the company's visibility in the U.S. market."
"This represents a very key milestone for Maudore," said
Greg Struble, President and CEO for
Maudore Minerals. "With this new access, we are excited to
start increasing our market visibility and sharing our vision with
a larger audience of investors."
Scarsdale Equities LLC will serve as Maudore's Principal
American Liaison ("PAL") on OTCQX, responsible for providing
professional guidance on OTCQX requirements.
Maudore is a Quebec junior gold
company with milling operations and more than 23 exploration
projects, of which five are at an advanced stage toward development
with reported current and historical resources.
Maudore trades in the U.S. on OTCQX under the symbol
"MAOMF."
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.
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SOURCE OTC Markets Group Inc.