NEW YORK, May 14, 2014 /PRNewswire/ -- OTC Markets
Group Inc. (OTCQX: OTCM), operator of Open, Transparent and
Connected financial marketplaces, today announced that MCW Energy
Group Ltd. (TSX-V: MCW; OTCQX: MCWEF), a distributor of gasoline
and diesel fuels and a developer of proprietary oil sands
technology, has been approved to trade on OTCQX®, the best
marketplace with qualified companies.
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MCW Energy Group began trading today on OTCQX under the symbol
"MCWEF." U.S. investors can find current financial
disclosures and Real-Time Level 2 quotes for the company on
www.otcmarkets.com.
"We are pleased to welcome MCW Energy Group to OTCQX," said
R. Cromwell Coulson, President and
CEO of OTC Markets Group. "Trading on OTCQX ensures MCW's
U.S. investors will have convenient access to the company's news
and financials and transparent trading so they can effectively
analyze, value and trade it securities. We look forward to
working with MCW Energy as it continues to grow its visibility in
the U.S. market."
MCW's CEO Dr. R. G. (Jerry)
Bailey stated, "Obtaining approval to trade on OTCQX is an
important benchmark for MCW. Being traded on a U.S.
marketplace provides a whole new universe for investors interested
in environmentally-friendly energy issues. OCTQX will provide
our new spectrum of investors with easier access, faster, more
efficient trading and added liquidity in MCW Energy Group
shares."
Merriman Capital, Inc. serves as MCW Energy's Principal American
Liaison ("PAL") on OTCQX, responsible for providing professional
guidance on OTCQX requirements.
MCW Energy is focused on value creation as: (i) a distributor of
gasoline and diesel fuels to service stations in Southern California for 75 years and (ii) as a
developer of proprietary technology for extraction of oil from oil
sands at its lease location in Asphalt Ridge, Utah, where it is completing the assembly of
America's first environmentally-friendly oil sands extraction
project. For more information, visit
www.mcwenergygroup.com.
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
Best Marketplace; OTCQB®, The Venture Stage 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 regulated ATS.
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SOURCE OTC Markets Group Inc.
