NEW YORK, May 17 /PRNewswire-FirstCall/ -- Pink OTC Markets Inc. (OTCQX: 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 NuLoch Resources Inc. (OTCQX: NULCF, TSX.V: NLR.A), a Canadian junior oil and gas exploration and development company, began trading today on OTCQX®.
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NuLoch Resources 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.
"We are pleased to welcome NuLoch Resources to OTCQX," said R. Cromwell Coulson, President and CEO of Pink OTC Markets. "Companies, like NuLoch Resources, use OTCQX to expand their access to investors, engage them with quality disclosure of their financials, and provide trading transparency."
"We have a significant asset base in the United States," said R. Glenn Dawson, NuLoch's President and CEO. "The OTCQX program is a conduit for American investors to access NuLoch's growth potential as we drill for crude oil on both sides of the border."
C.K. Cooper & Company will serve as NuLoch Resources' Principal American Liaison ("PAL") on OTCQX, responsible for providing guidance on listing requirements.
About NuLoch Resources Inc.
NuLoch Resources Inc. (OTCQX: NULCF, TSX.V: NLR.A) is a Canadian junior oil and natural gas producer that has been a public company since 2005. Its head office is in Calgary, Alberta. With a 2010 capital budget of US$44,000,000, the company is actively expanding and developing its strategic properties in North Dakota and Saskatchewan, both of which contain the recognized Bakken Shale and the fast-growing Three Forks Sanish formations of the mid-continental Williston Basin.
About OTCQX
The OTCQX Marketplace is the premier tier of the U.S. OTC market. Investor-focused companies use the quality controlled OTCQX listing 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-listed 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 and facilitates trading in 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 [email protected].
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SOURCE Pink OTC Markets Inc.
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