Otis Gold Joins OTCQX
May 02 2011 - 12:23PM
Marketwired
Otis Gold Corp. ("Otis" or the "Company") (TSX VENTURE: OOO)(OTCQX:
OGLDF) is pleased to announce the shares in Otis Gold began trading
today on the 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.
"The superior information and visibility of the OTCQX
marketplace allows companies to efficiently build investor
confidence and expand their shareholder base," said R. Cromwell
Coulson, President and Chief Executive Officer of OTC Markets
Group. "We are pleased to welcome Otis Gold Corp. to OTCQX."
"As a Canadian based company with its flagship project based in
the United States, OTCQX is a logical step to take in order to make
it easier for US investors to participate in Otis Gold and
specifically in the development of the Kilgore Gold Project in
Idaho," states Craig Lindsay, President of Otis Gold Corp.
"Approximately 15% of our shareholder base is located in the US,
we'd like to increase that substantially in the coming years."
Dorsey & Whitney LLP will serve as Otis Gold's Principal
American Liaison ("PAL") on OTCQX, responsible for providing
guidance on OTCQX requirements.
About Otis Gold Corp.
Otis Gold Corp. (TSX VENTURE: OOO)(OTCQX: OGLDF) trades in the
United States on OTCQX under the symbol "OGLDF". Otis is a resource
company focused on the acquisition, exploration, and development of
precious metal deposits in Idaho, USA. Otis is currently developing
its flagship property, the Kilgore Gold Project, located in Clark
County, Idaho.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates the world's
largest electronic marketplace for broker-dealers to trade unlisted
stocks. Our OTC Link™ platform supports an open network of
competing broker-dealers that provide investors with the best
prices in over 10,000 OTC securities. In 2010, securities on OTC
Link traded over $144 billion in dollar volume, making it the third
largest U.S. equity trading venue after NASDAQ and the New York
Stock Exchange. We categorize the wide spectrum of OTC-traded
companies into three tiers - OTCQX (the quality-controlled
marketplace for investor friendly companies), OTCQB® (the U.S.
reporting company marketplace for development stage companies), and
OTC Pink™ (the speculative trading marketplace) - so investors can
identify the level and quality of information companies provide. To
learn more about how OTC Markets Group makes the unlisted markets
more transparent, informed, and efficient, visit
www.otcmarkets.com.
ON BEHALF OF THE BOARD
Craig T. Lindsay, President and CEO
The forward-looking information contained in this press release
is made as of the date hereof and the Company undertakes no
obligation to update publicly or revise any forward-looking
information, whether as a result of new information, future events
or otherwise, unless so required by applicable securities laws.
This news release does not constitute an offer to sell or a
solicitation of an offer to sell any securities in the United
States. The securities have not been and will not be registered
under the United States Securities Act of 1933, as amended (the
"U.S. Securities Act") or any state securities laws and may not be
offered or sold within the United States or to U.S. Persons unless
registered under the U.S. Securities Act and applicable state
securities laws or an exemption from such registration is
available.
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: Otis Gold Corp. Craig Lindsay 604.683.2507
604.683.7589 (FAX) craig@otisgold.com www.otisgold.com
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