Namibia Rare Earths Inc. Joins as the 400th Company on OTCQX
NEW YORK, Nov. 6, 2012 /PRNewswire/ -- OTC Markets Group
Inc. (OTCQX: OTCM), operator of Open, Transparent and Connected
financial marketplaces, today announced that Namibia Rare Earths
Inc. (OTCQX:NMREF; TSX:NRE), a rare earth exploration and
development company, is now trading on the highest OTC marketplace,
OTCQX®. With the upgrade of Namibia Rare Earths,
there are now 400 companies traded on OTCQX.
(Logo: http://photos.prnewswire.com/prnh/20110118/MM31963LOGO
)
Namibia Rare Earths Inc. 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.
"OTCQX companies demonstrate their commitment to providing
superior information to investors and maintaining the highest
quality standards," said R. Cromwell
Coulson, President and Chief Executive Officer of OTC
Markets Group. "We are thrilled that Namibia Rare Earths is joining
OTCQX and the host of global leaders that trade on the OTCQX
marketplace."
Dahlman Rose & Co., LLC will
serve as Namibia Rare Earths, Inc.'s Principal American Liaison
("PAL") on OTCQX, responsible for providing guidance on OTCQX
requirements and U.S. securities laws.
About Namibia Rare Earths, Inc
Namibia Rare Earths
Inc. (OTCQX: NMREF; TSX: NRE) trades in the United States on OTCQX under the symbol
"NMREF". Namibia Rare Earths Inc. is a Canadian company focused on
the exploration and development of its 100% held Lofdal Rare Earth
Project located in north-western Namibia. Lofdal is a district scale
exploration project covering 200 square kilometers with a focus on
heavy rare earth-enriched carbonatite deposits.
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 Intelligent Marketplace for the Best OTC
Companies; OTCQB® - The Venture Marketplace; and OTC
Pink® - The Open Marketplace. 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 registered ATS.
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SOURCE OTC Markets Group Inc.