NEW YORK, Aug. 19, 2013
/PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator
of Open, Transparent and Connected financial marketplaces, today
announced that Terra Nova Energy Ltd. (OTCQX: TNVMF; TSX.V: TGC),
an oil and gas company, has been approved to trade on OTCQX®, the
best marketplace with qualified companies.
(Logo:
http://photos.prnewswire.com/prnh/20110118/MM31963LOGO)
Terra Nova Energy began trading today on OTCQX International, a
segment of the OTCQX marketplace reserved for high-quality non-U.S.
companies that are listed on a qualified international exchange,
undergo management reviews and provide their home country
disclosure to U.S. investors. 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 Terra Nova Energy to OTCQX," said
R. Cromwell Coulson, President and
CEO of OTC Markets Group. "OTCQX provides qualifying
companies like Terra Nova the ability to distinguish themselves in
the U.S. market and increase their visibility with traders,
investors, analysts and the media through high-quality disclosure,
transparent trading and ease of access to company
information. We look forward to supporting the management
team at Terra Nova as they continue to grow the company and provide
a robust public market for their shares."
"Qualifying for OTCQX is an important milestone for Terra Nova
and demonstrates our commitment to providing our U.S. investors
convenient access to the same timely news and information enjoyed
by investors in our home market," said Nico
Civelli, VP of Finance at Terra Nova Energy.
SecuritiesLawUSA, PC will serve as Terra Nova Energy's Principal
American Liaison ("PAL") on OTCQX, responsible for providing
professional guidance on OTCQX requirements and U.S. securities
laws.
Terra Nova Energy is an oil and gas company with the right to
acquire up to a 55% working interest in two onshore petroleum
exploration licenses located in Australia on the western flank of the Cooper
Eromanga in the state of South
Australia.
Terra Nova Energy trades in the U.S. on OTCQX under the symbol
"TNVMF."
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.