NEW YORK, Nov. 9, 2011 /PRNewswire/ -- OTC Markets Group
Inc. (OTCQX: OTCM), the company that operates the world's largest
electronic marketplace for broker-dealers to trade unlisted stocks,
today announced that Red Eagle Mining Corporation (OTCQX: RDEMF;
TSXV: RD), a gold exploration and development company with two
flagship properties in Colombia,
is now trading on the OTC market's highest tier, OTCQX®.
(Logo:
http://photos.prnewswire.com/prnh/20110118/MM31963LOGO)
Red Eagle Mining 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.otcmarkets.com.
"OTCQX companies demonstrate their commitment to providing
superior information to investors and maintaining the highest
quality standards," said R. Cromwell
Coulson, President and Chief Executive Officer of OTC
Markets Group. "We are pleased to welcome Red Eagle Mining to
OTCQX."
Securities Law USA, PC will
serve as Red Eagle Mining's Principal American Liaison ("PAL") on
OTCQX, responsible for providing guidance on OTCQX
requirements.
About Red Eagle Mining Corporation
Red Eagle Mining Corporation (OTCQX: RDEMF; TSXV: RD) trades in
the United States on OTCQX under
the symbol "RDEMF" and on the TSX Venture Exchange under the symbol
"RD". Red Eagle Mining is a gold exploration and development
company with two flagship properties in the middle Cauca gold belt
of Colombia. Red Eagle Mining also
holds an additional portfolio of exploration properties throughout
Colombia.
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. We categorize the wide
spectrum of OTC 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.