SAN FRANCISCO, Oct. 31, 2011 /PRNewswire/ -- Merriman Capital,
Inc., a wholly owned subsidiary of Merriman Holdings, Inc. (NASDAQ:
MERR), today announced that it will serve as the Principal American
Liaison (PAL) for Olympus Pacific Minerals Inc. (OTCQX: OLYMF; TSX:
OYM; ASX: OYM) as it begins trading on OTCQX®.
(Logo:
http://photos.prnewswire.com/prnh/20100914/SF64919LOGO)
Olympus Pacific Minerals is a diversified gold company focused
on four advanced properties: the Bau Goldfield in East Malaysia, the Bong Mieu and Phuoc Son mines in Central Vietnam, and Capcapo in the Philippines. The Company announced today
that it is now trading on the OTC market's highest tier, OTCQX.
OTCQX distinguishes the best companies traded over-the-counter
(OTC) from more than 9,000 securities traded on the OTCBB and OTC
Link that are not required to meet any financial standards or
undergo a qualitative review.
Spencer Grimes, Head of Capital
Markets Services at Merriman Capital, added: "With the tremendous
blue sky potential of its Bau Goldfield project in East Malaysia, as well as its currently
producing mines in Vietnam,
Olympus Pacific Minerals is poised to become one of the leading
gold producers in Southeast Asia.
Joining OTCQX today is a great step toward increasing the Company's
profile in the United States. We
are excited about working with the Olympus team in helping to raise
awareness of the Company among U.S. investors."
About Merriman Capital, Inc.
Merriman Capital, Inc. is an investment banking firm providing
equity and options execution services, market making, and
differentiated research for high growth companies. We also provide
capital raising, advisory and M&A services. Merriman Capital,
Inc. is a wholly owned subsidiary of Merriman Holdings, Inc.
(NASDAQ: MERR) and is the leading investment banking firm for OTCQX
companies. For more information, please go to
http://www.merrimanco.com/.
Merriman Capital, Inc. is a registered broker-dealer and member
of The Financial Industry Regulatory Authority (FINRA)
http://www.finra.org/ and the Securities Investor Protection
Corporation (SIPC).
About Olympus Pacific Minerals Inc.
Olympus Pacific Minerals Inc. (TSX: OYM; OTCQX: OLYMF) is a
diversified gold company focused on four advanced properties: the
Bau Goldfield in East Malaysia,
the Bong Mieu and Phuoc Son mines in
Central Vietnam, and Capcapo in
the Philippines. Olympus
expects to expand existing gold production capacity in Vietnam over the next two years and bring on
new production at Bau Central upon completion of feasibility
studies now underway. The company also contemplates a substantial
increase of its attributed gold resources through the exploration
of advanced properties having demonstrably large upside
potential.
About OTCQX
The OTCQX marketplace is the premier tier of the U.S. OTC
market. Investor-focused companies use the quality-controlled
OTCQX platform to offer investors transparent trading, superior
information, and easy access through their regulated U.S.
broker-dealers. The innovative OTCQX platform offers
companies and their shareholders a level of marketplace services
formerly available only on a U.S. stock exchange. For more
information and to view a full list of OTCQX companies, visit
www.otcqx.com.
Note to Investors
This press release contains certain forward-looking statements
based on our current expectations, forecasts and assumptions that
involve risks and uncertainties. This release does not constitute
an offer to sell or a solicitation of offers to buy any securities
of the Company. Forward-looking statements in this release are
based on information available to us as of the date hereof. Our
actual results may differ materially from those stated or implied
in such forward-looking statements, due to risks and uncertainties
associated with our business, which include the risk factors
disclosed in our Form 10-K/A filed on April 28, 2011 and our Form 10-Q filed on
August 15, 2011.
Forward-looking statements include statements regarding our
expectations, beliefs, intentions or strategies regarding the
future and can be identified by forward-looking words such as
"anticipate," believe," "could," "estimate," "expect," "intend,"
"may," "should," and "would" or similar words. We assume no
obligation to update the information included in this press
release, whether as a result of new information, future events or
otherwise. The Form 10-K/A filed on April
28, 2011 and 10-Q filed on August 15, 2011, together with this press
release and the financial information contained herein, are
available on our website, www.merrimanco.com. Please click on
"Investor Relations."
SOURCE Merriman Holdings, Inc.