NEW YORK, Aug. 10, 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 Prophecy Platinum Corp. (OTCQX: PNIKF; TSX.V: NKL), a
mineral exploration company focusing on developing platinum
palladium group metals and nickel sulphide projects, is now trading
on the highest tier of the OTC market, OTCQX®.
(Logo: http://photos.prnewswire.com/prnh/20110118/MM31963LOGO
)
Prophecy Platinum 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.
"Investors prefer the quality-controlled admission process on
OTCQX which identifies the segment of OTC companies focused on
valuation and transparency," said R.
Cromwell Coulson, President and Chief Executive Officer of
OTC Markets Group. "We are pleased to welcome Prophecy Platinum to
OTCQX."
Dorsey & Whitney LLP will serve as Prophecy Platinum's
Principal American Liaison ("PAL") on OTCQX, responsible for
providing guidance on OTCQX requirements.
About Prophecy Platinum Corp.
Prophecy Platinum Corp. (OTCQX: PNIKF; TSX.V: NKL) trades in
the United States on OTCQX under
the symbol "PNIKF." Prophecy Platinum Corp. is a mineral
exploration company focusing on developing platinum palladium group
metals and nickel sulphide projects. The company's flagship project
is the Wellgreen PGM Nickel deposit in the Yukon Territory, as well as the Lynn Lake
Nickel Copper project in Manitoba,
five prospective claims in Uruguay
and the Las Aguilas Nickel PGM deposit in Argentina.
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.
