NEW YORK, Dec. 16, 2013 /PRNewswire/ -- OTC Markets
Group Inc. (OTCQX: OTCM), operator of Open, Transparent and
Connected financial marketplaces, today announced that Spyglass
Resources Corp. (OTCQX: SGLRF; TSX: SGL), an intermediate oil and
gas company headquartered in Calgary,
Alberta, has been approved to trade on OTCQX®, the best
marketplace with qualified companies.
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Spyglass 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 Spyglass to the OTCQX marketplace,"
said R. Cromwell Coulson, President
and CEO of OTC Markets Group. "Spyglass joins the more than
200 high quality Canadian companies trading on OTCQX. We look
forward to working with Spyglass' management team as they continue
to grow their visibility with U.S. investors."
"Spyglass is pleased to commence trading on the OTCQX
marketplace," said Tom Buchanan, CEO
of Spyglass Resources Corp. "Joining the OTCQX should broaden our
access to both current and prospective U.S. shareholders."
Dorsey & Whitney LLP will serve as Spyglass' Principal
American Liaison ("PAL") on OTCQX, responsible for providing
professional guidance on OTCQX requirements and U.S. securities
laws.
Spyglass Resources Corp. is a dividend paying, intermediate oil
& gas company headquartered in Calgary, Alberta that trades on the TSX under
the symbol "SGL" and in the U.S. on OTCQX under the symbol "SGLRF."
Spyglass currently operates oil and natural gas properties in
Alberta, Saskatchewan and British Columbia.
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.