NEW YORK, May 12, 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 Continental Coal Ltd. (ASX: CCC; OTCQX: CGFAY), a
company engaged in the exploration and development of coal
properties primarily in South
Africa, has chosen to have its American Depositary Receipts
(ADRs) traded on the highest tier of the OTC market, OTCQX®.
(Logo:
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Continental Coal 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.
"OTCQX provides the highest level of visibility and access to
U.S. investors possible in the OTC marketplace," said R. Cromwell Coulson, President and Chief
Executive Officer of OTC Markets Group. "We are pleased to welcome
Continental Coal to OTCQX."
Madison Williams and Company will
serve as Continental Coal's Principal American Liaison ("PAL") on
OTCQX, responsible for providing guidance on OTCQX
requirements.
About Continental Coal Ltd.
Continental Coal Ltd. (ASX: CCC; OTCQX: CGFAY) trades in
the United States on OTCQX under
the symbol "CGFAY", where each ADR represents 40 ordinary shares.
Continental Coal Limited engages in the exploration and development
of coal properties primarily in South African coal mining regions.
The company was formerly known as Continental Capital Limited and
changed its name to Continental Coal Limited in July 2009. Continental Coal Limited is based in
West Perth, Australia.
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.