NEW YORK, Nov. 7, 2011 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), the company that operates the world's largest electronic marketplace for broker-dealers to trade unlisted stocks, today announced that Colombia Energy Resources, Inc. (OTCQX: CERX), a company developing coal mining, coal coking, and clean coal technology operations in the Republic of Colombia, is now trading on the OTC market's highest tier, OTCQX®.
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Colombia Energy Resources, Inc. began trading today on the OTC market's prestigious tier, OTCQX U.S. 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 Colombia Energy Resources to OTCQX."
Merriman Capital, Inc. will serve as Colombia Energy Resources' Designated Advisor for Disclosure ("DAD") on OTCQX, responsible for providing guidance on OTCQX requirements.
About Colombia Energy Resources, Inc.
Colombia Energy Resources, Inc. (OTCQX: CERX) trades in the United States on OTCQX under the symbol "CERX." Colombia Energy Resources, Inc. is a coal exploration and mining company which owns coal deposits in the Republic of Colombia and plans to mine metallurgical coal and produce metallurgical coke for export. Colombia Energy Resources plans to import international mining best practices and proven, advanced and environmentally-friendly coke processing technologies to Colombia as they become a leading consolidator in the Colombian met coal market.
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. We categorize the wide spectrum of OTC 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.
SOURCE OTC Markets Group Inc.
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