NEW YORK, March 11, 2015 /PRNewswire/ -- OTC Markets Group
Inc. (OTCQX: OTCM), operator of Open, Transparent and Connected
financial marketplaces, today announced Hyperdynamics Corp. (OTCQX:
HDYN), an emerging independent oil and gas exploration company, has
qualified to trade on OTCQX®, the best marketplace for established,
global and growth companies. Hyperdynamics previously traded
on the New York Stock Exchange under the symbol "HDY."
Logo -
http://photos.prnewswire.com/prnh/20110118/MM31963LOGO
Hyperdynamics begins trading today on OTCQX under the symbol
"HDYN." U.S. investors can find current financial disclosure
and Real-Time Level 2 quotes for the company on
www.otcmarkets.com.
"Trading on OTCQX will allow Hyperdynamics to maintain the
transparent trading, high disclosure standards and visibility to
which its shareholders are accustomed while placing it in company
with some of the world's largest, most established and
investor-friendly companies on OTCQX," said R. Cromwell Coulson, President and CEO of OTC
Markets Group. "We look forward to supporting Hyperdynamics
as it continues to grow its business and thrive on our Best
marketplace."
"We are pleased to have our stock trading on the OTCQX
marketplace," stated Ray Leonard,
President and CEO of Hyperdynamics Corporation. "The high
standards of the OTCQX marketplace underscore our emphasis on
continued financial transparency, communication with investors and
shareholders through our SEC filings, and our commitment to making
our stock as accessible as possible to the investment community
through the OTCQX visibility and market-making support."
Squire Patton Boggs serves as
Hyperdynamics' Designated Advisor for Disclosure ("DAD") on OTCQX,
responsible for providing professional guidance on OTCQX
requirements and U.S. securities laws.
Hyperdynamics is an emerging independent oil and gas exploration
company that is exploring offshore the Republic of Guinea for new sources of oil and gas in a
consortium that includes Tullow Oil Plc and Dana Petroleum E&P
Ltd. Hyperdynamics, through its subsidiary company SCS, holds
a 37% non-operator interest covering approximately 18,750 square
kilometers in Guinea, one of the
largest exploration licenses offshore West Africa.
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 inform investors of opportunities and risks:
the OTCQX® Best Marketplace; the OTCQB® Venture Marketplace; and
the OTC Pink® 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.
Subscribe to the OTC Markets RSS Feed
Media Contact:
Saskia
Sidenfaden, OTC Markets Group Inc., +1 (212) 896-4428,
saskia@otcmarkets.com
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/otc-markets-group-welcomes-hyperdynamics-to-otcqx-300048636.html
SOURCE OTC Markets Group Inc.