NEW YORK, Jan. 10, 2011 /PRNewswire/ -- Pink OTC Markets
Inc. (Pink Sheets: PINK), the financial information and technology
services company that operates the leading electronic quotation and
trading system in the U.S. OTC securities market, today announced
that Millrock Resources, Inc. (TSX.V: MRO; OTCQX: MLRKF), a company
engaged in the acquisition, exploration and development of mineral
properties prospective for gold, copper and other valuable metals,
is now trading on the OTC market's highest tier, OTCQX®.
(Logo:
http://photos.prnewswire.com/prnh/20090708/NY43125LOGO)
"Companies use OTCQX to expand their access to investors, engage
them with quality disclosure of their financials, and provide
trading transparency to stimulate liquidity," said R. Cromwell Coulson, President and CEO of Pink
OTC Markets. "We are pleased to welcome Millrock Resources to
OTCQX."
Millrock Resources, Inc. 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.
Millrock President & CEO Gregory
Beischer stated, "We are very pleased to have our company
join OTCQX. All of our exploration projects are on American
soil, and most of our employees are Americans. It therefore
makes good sense to become a part of the OTCQX marketplace and
provide American investors with greater access to an investment in
their own country."
Hodgson Russ LLP will serve as Millrock's Principal American
Liaison ("PAL") on OTCQX, responsible for providing guidance on
OTCQX requirements.
About Millrock Resources, Inc.
Millrock Resources, Inc. (TSX.V: MRO; OTCQX: MLRKF), trades in
the United States on OTCQX under
the symbol "MLRKF". Millrock Resources follows a Project Generator
- Joint Venture business model that capitalizes on it's knowledge
and ability to identify early stage exploration targets in
Alaska and Arizona. Millrock Resources is engaged in the
acquisition, exploration and development of mineral properties
prospective of gold, copper and other valuable metals.
About OTCQX
OTCQX 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.
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SOURCE Pink OTC Markets Inc.