Dianor Resources Joins OTCQX
November 23 2010 - 9:19AM
Marketwired
Dianor Resources Inc. (TSX VENTURE: DOR)(OTCQX: RSDNF) is pleased
to announce that the company is now trading on the OTCQX the
leading electronic quotation and trading system in the U.S. the OTC
market's highest tier, OTCQX® under the name Resources Dianor Inc.,
symbol RSDNF.
Dianor began trading today on the OTC market's prestigious tier,
OTCQX International. Investors can find current financial
disclosure and Real-Time Level 2 quotes for the company on
www.otcqx.com and www.otcmarkets.com.
"World diamond production peaked in 2007 at 160 million carats
and it is projected that by 2015 there will be a significant
diamond shortfall to meet world demand. Dianor Resources Inc. now
trading on the OTCQX will be able to provide our U.S investors
access to investing in a diamond exploration company located in a
stable political environment" said Dianor's President and C.E.O,
John Ryder "OTCQX companies demonstrate their commitment to
providing superior information to investors and maintaining the
highest quality standards," said R. Cromwell Coulson, President and
CEO of Pink OTC Markets. "We are pleased to welcome Resources
Dianor to OTCQX."
Berenbaum Weinshienk PC will serve as Resources Dianor's
Principal American Liaison ("PAL") on OTCQX, responsible for
providing guidance on OTCQX requirements.
About Dianor Resources
Dianor Inc. (TSX VENTURE: DOR)(OTCQX: RSDNF) trades in the
United States on OTCQX under the symbol "RSDNF". Dianor is a
mineral exploration company with a diversified portfolio of diamond
properties in Quebec and Ontario. Currently exploration for the
discovery of diamonds is the company's main focus. The Company's
flagship diamond property is situated and easily accessible, some
12 kilometres north east of Wawa in Northern Ontario, Canada. A
preliminary tonnage estimate for the diamond bearing rock is in the
range of 549 million to 583 million tonnes and in addition to
diamonds contains gold, sapphires and rubies (43-101 Report, 29th
September 2009). The Company has received government approval to
proceed with a 50,000 tonne bulk sampling programme which is
planned to commence in 2011.
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.
About Pink OTC Markets Inc.
Pink OTC Markets Inc. (OTCQX: PINK) operates the leading
electronic interdealer quotation and trading system for over 9,000
securities not listed on a U.S. stock exchange. Pink OTC Markets
segments these securities into three tiers: the quality-controlled
OTCQX marketplace, the U.S. registered and reporting OTCQB
marketplace, and the speculative trading Pink Sheets marketplace.
These three tiers constitute the third largest U.S. liquidity pool
for trading public company shares, after The NASDAQ Stock Market,
Inc. and The New York Stock Exchange. Our products and services
promote market transparency, improve price discovery, facilitate
regulatory compliance, and increase the quality of issuer
disclosure, to the benefit of all OTC market participants. To learn
more about how Pink OTC Markets' products and services make OTC
markets more transparent, informed, and efficient, please visit our
websites at www.otcmarkets.com, www.pinkotc.com and www.otcqx.com
or contact us at info@pinkotc.com.
Subscribe to the OTCQX RSS Feed
(http://syndicate.pinksheets.com/syndicate/rssPinkNews.xml)
Also please visit our website www.dianor.com
Forward-Looking Statements
This news release contains statements that may constitute
"forward-looking information" or "forward-looking statements"
within the meaning of applicable securities legislation. This
forward-looking information is subject to numerous risks and
uncertainties, certain of which are beyond the control of Dianor
Resources Inc. ("Dianor"). Actual results or achievements may
differ materially from those expressed in, or implied by, this
forward-looking information. No assurance can be given that any
events anticipated by the forward-looking information will
transpire or occur, or if any of them do so, what benefits that
Dianor will derive therefrom. Forward-looking information is based
on the estimates and opinions of Dianor's management at the time
the information is released and Dianor does not undertake any
obligation to update publicly or to revise any of the
forward-looking statements, whether as a result of new information,
future events or otherwise, except as may be required by applicable
securities laws.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Contacts: Dianor Resources Inc. Mr. John Ryder, P. Geo.
President 819-825-7090 819-825-7545 (FAX) info@dianor.com Dianor
Resources Inc. Mr. Daniel Duval Chairman of the Board 819-825-7090
819-825-7545 (FAX) info@dianor.com Resultz Media Group Corp. Mr.
Tyler M. Troup, B.Comm Senior Associate, RMG IR 877-301-9748
519-979-7820 (FAX) Tyler@thinkRMG.com
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