NEW YORK, May 31, 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 Grayd Resource Corporation (TSX: GYD; OTCQX: GYDRF),
a Canadian junior mining company, is now trading on the OTC
market's highest tier, OTCQX®.
(Logo: http://photos.prnewswire.com/prnh/20110118/MM31963LOGO
)
Grayd 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.
"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 Grayd Resource
Corporation to OTCQX."
Berenbaum Weinshienk PC will serve as Grayd's Principal American
Liaison ("PAL") on OTCQX, responsible for providing guidance on
OTCQX requirements and compliance with U.S. securities laws.
About Grayd Resource Corporation
Grayd Resource Corporation (TSX: GYD; OTCQX: GYDRF) trades in
the United States on OTCQX under
the symbol "GYDRF". Grayd Resource Corporation is a Canadian junior
mining company focused on the acquisition, exploration and
development of quality precious and base metal projects. The
Company's primary focus is the La India Gold Project located in
Sonora State, Mexico.
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.