NEW YORK, July 15, 2014 /PRNewswire/ -- OTC
Markets Group Inc. (OTCQX: OTCM), operator of Open, Transparent and
Connected financial marketplaces, today announced that Chilean
Metals Inc. (TSX-V: PBX; OTCQX: CMETF), a junior mineral
exploration company, has qualified to trade on OTCQX®, the
Chilean Metals begins trading today on OTCQX under the symbol
"CMETF." U.S. investors can find current financial
disclosures and Real-Time Level 2 quotes for the company on
"We welcome Chilean Metals to the OTCQX marketplace," said
R. Cromwell Coulson, President and
CEO of OTC Markets Group. "Joining OTCQX will enable Chilean Metals
to provide its U.S. investors with transparent trading and
convenient access to its news and disclosure so they can more
easily analyze, value and trade its securities. We commend the
company for taking this important step and wish it success in its
"We feel that upgrading to the OTCQX marketplace is the ideal
way for us to reach our new and existing U.S. investors. The U.S.
capital markets are the biggest and best in the world and we
believe they will have a very positive role to play in the
development of our company," commented Chilean Metals CEO
Merriman Capital, Inc. serves as Chilean Metals' Principal
American Liaison ("PAL") on OTCQX, responsible for providing
professional guidance on OTCQX requirements.
Chilean Metals Inc. an exploration stage mining company owns six
100%-owned properties comprising over 50,000 acres strategically
located in the prolific IOCG ("Iron oxide-copper-gold") belt of
Chile. Two of these projects are
under review by third parties for possible purchase or joint
venture. In addition Chilean Metals owns a 3% net smelter royalty
(NSR) received from the recent sale of its Copaquire project to the
Chilean subsidiary of Teck Resources Inc. Copaquire was adjacent
Teck's operating Quebrada Blanca mine. Teck has the option to buy
back 1% of the NSR for US$3 million
at any time.
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; OTCQB®, The Venture Stage Marketplace; and OTC
Pink®, The Open Marketplace. 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
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SOURCE OTC Markets Group Inc.