NEW YORK, Nov. 19, 2013 /PRNewswire/ -- OTC Markets
Group Inc. (OTCQX: OTCM) congratulates American Eagle Energy Corp.
(OTCQX: AMZG), a Colorado-based
oil and gas exploration & production company, on its approval
to list on the New York Stock Exchange's NYSE MKT. American
Eagle Energy is moving to the NYSE MKT from OTC Markets Group's
OTCQX® marketplace.
(Logo:
http://photos.prnewswire.com/prnh/20110118/MM31963LOGO)
Since joining OTCQX on July 26,
2012, American Eagle Energy's stock price has
quadrupled to $2.83 and its
current market capitalization is $202
million.
"We congratulate American Eagle Energy on its NYSE MKT listing
and are proud to have helped contribute to its success as a public
company," said R. Cromwell Coulson,
President and CEO of OTC Markets Group. "American Eagle
Energy's success on OTCQX demonstrates the value it offers growth
companies that are looking to increase their visibility with
investors and demonstrate their credibility in the market – whether
to remain on OTCQX or eventually grow into a NYSE or NASDAQ
listing."
"OTCQX was instrumental in enabling American Eagle Energy to
qualify for listing on the NYSE MKT, as we benefited from increased
liquidity and recognition," said Brad
Colby, President and CEO of American Eagle Energy
Corp. "The OTCQX has played an important part in the growth
of our company, and we appreciate the support of OTC Markets
Group."
American Eagle Energy is the sixth company to move from OTCQX to
the NYSE or NASDAQ this year. OTCQX continues to be the
choice for growing U.S. and global companies that are looking to
execute their business plans and grow into a U.S. stock exchange
listing.
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 with Qualified Companies; OTCQB®, The Venture
Stage Marketplace with U.S. Reporting Companies; and OTC Pink®, The
Open Marketplace with Variable Reporting Companies. 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.