Canadian Oil Recovery & Remediation Enterprises Ltd. Joins OTCQX

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Nov 18, 2010, 07:00 ET

NEW YORK, Nov. 18, 2010 /PRNewswire/ -- 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 Canadian Oil Recovery & Remediation Enterprises Ltd. (CORRE) (OTCQX: CRVYF; TSX-V: CVR), a Canadian-based clean technology company that provides innovative and complete oil waste management and environmental solutions to its customers, is now trading on the OTC market's highest tier, OTCQX®.

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"Investors prefer the quality-controlled admission process on OTCQX which identifies the segment of OTC-traded companies focused on valuation and transparency," said R. Cromwell Coulson, President and CEO of Pink OTC Markets. "We are pleased to welcome Canadian Oil Recovery & Remediation Enterprises Ltd. to OTCQX."

CORRE 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.

Hudson Securities, Inc. will serve as CORRE's Principal American Liaison ("PAL") on OTCQX, responsible for providing guidance on OTCQX requirements.

About Canadian Oil Recovery & Remediation Enterprises Ltd. (www.corre.com)

Canadian Oil Recovery & Remediation Enterprises Ltd. (CORRE) (OTCQX: CRVYF; TSX-V: CVR;) is a Canadian-based clean technology company that provides innovative and complete oil waste management and environmental solutions to its customers. CORRE's service lines include remediating oil-contaminated soil; treating sludge, oil based muds and drilling waste; oil recovery; automated oil storage tank cleaning; oil and gas engineering and project management; as well as waste management. CORRE provides its services through its owned and operated Advanced Recovery Equipment Systems ("ARES") and through strategic operating partnerships. ARES is a platform of services and operating equipment facilities based on proven technologies and innovative operating processes. CORRE's customers are primarily in the upstream petroleum sector (oil production and drilling companies) and downstream petroleum sector (oil refinery, transportation and distribution companies).

About Hudson Securities

Hudson Securities, Inc. is a full-service investment bank that specializes in raising capital and providing corporate finance and advisory services to micro to mid-cap issuers in the U.S. and abroad across a wide industry spectrum. Its execution expertise and market making capabilities span over 10,000 U.S. and foreign securities including equities, equity derivatives, and American Depositary Receipts (ADRs). Hudson's institutional research analysts publish unbiased, idea-driven research focused on micro to mid-cap companies listed in the U.S.

About OTCQX

The OTCQX marketplace 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 Sheetsmarketplace. 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.