NEW YORK, May 19, 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 Indico Resources Ltd. (TSX.V: IDI; OTCQX: IDIFF), a
Canadian exploration company focused on the resource sector in
South America, is now trading on
the OTC market's highest tier, OTCQX®.
(Logo:
http://photos.prnewswire.com/prnh/20110118/MM31963LOGO)
Indico Resources 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.
"Investors prefer the quality-controlled admission process on
OTCQX which identifies the segment of OTC-traded companies focused
on valuation and transparency," said R.
Cromwell Coulson, President and Chief Executive Officer of
OTC Markets Group. "We are pleased to welcome Indico Resources to
OTCQX."
Berenbaum Weinshienk PC will serve as Indico Resources'
Principal American Liaison ("PAL") on OTCQX, responsible for
providing guidance on OTCQX requirements and compliance with U.S.
securities laws.
About Indico Resources Ltd.
Indico Resources Ltd. (TSX.V: IDI; OTCQX: IDIFF) trades in
the United States on OTCQX under
the symbol "IDIFF". Indico Resources Ltd. is a Canadian exploration
company focused on the resource sector in South America. The Ocana Porphyry Project is
Indico's primary exploration project and the main focus of its
exploration activities.
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.