NEW YORK, July 25, 2012 /PRNewswire/ -- OTC Markets
Group Inc. (OTCQX: OTCM), the financial information and technology
services company that operates the world's largest Open,
Transparent and Connected marketplace platform, today announced
that Kingsrose Mining Ltd (OTCQX: KGRSY; ASX: KRM), an
Australian-based gold mining company, has chosen to have its
American Depositary Receipts (ADRs) traded on the highest tier of
the OTC market, OTCQX®.
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Kingsrose Mining began trading today on the OTC market's
prestigious tier, OTCQX International. Investors can find
current financial disclosures and Real-Time Level 2 quotes for the
Company on www.otcmarkets.com.
"The OTCQX platform offers investor-focused companies a winning
combination of quality control, transparency, and broader
visibility to U.S. investors," said R.
Cromwell Coulson, President and Chief Executive Officer of
OTC Markets Group. "We are pleased to welcome Kingsrose Mining to
OTCQX."
Dahlman Rose & Co., LLC will
serve as Kingsrose Mining's Principal American Liaison ("PAL") on
OTCQX, responsible for providing guidance on OTCQX requirements and
U.S. securities laws.
About Kingsrose Mining Ltd
Kingsrose Mining Ltd (OTCQX: KGRSY; ASX: KRM) trades in
the United States on OTCQX under
the symbol "KGRSY", where each ADR represents 5 ordinary shares.
Kingsrose Mining Limited is a specialist high grade, low cost,
narrow vein gold and silver producer with an 85% interest in the
Way Linggo mine in South Sumatra,
Indonesia. The company listed on the Australian Stock
Exchange in December 2007.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates the
world's largest Open, Transparent and Connected financial
marketplace platform. Our OTC Link® ATS
directly links a diverse network of broker-dealers that provide
liquidity and execution services in almost 10,000 equity
and debt securities. We organize these securities into
marketplaces to inform investors of opportunities and risks –
OTCQX® - The Intelligent Marketplace for the Best
OTC Companies; OTCQB® - The Venture Marketplace;
and OTC Pink® - The Open Marketplace. Our
information and data-driven platform enables trading through any
broker at the best possible price and empowers companies to improve
the quality and availability of information for their
investors. To learn more about how we create smarter
financial marketplaces, visit www.otcmarkets.com.
OTC Link ATS is operated by OTC Link LLC, member FINRA/SIPC and
SEC registered ATS.
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SOURCE OTC Markets Group Inc.