CanAm Coal Corp. Joins OTCQX

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Jul 21, 2011, 07:00 ET

NEW YORK, July 21, 2011 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), the financial information and technology services company that provides the world's largest electronic marketplace for broker-dealers to trade unlisted stocks, today announced that CanAm Coal Corp. (OTCQX: COECF; TSX.V: COE), a coal producing and development company, is now trading on the highest tier of the OTC market, OTCQX®.

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"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 CanAm Coal to OTCQX."

CanAm Coal 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.

"CanAm Coal has 100% of its coal mining operations in the United States and we are excited that U.S. investors now have the opportunity to invest in CanAm. When it comes to coal, U.S. investors are very educated and typically coal companies trade on a higher multiple compared to most other markets," said CanAm's C.E.O, Tim Bergen. "The OTCQX has earned a strong reputation for providing U.S. investors with improved liquidity, transparency, superior information, and easy trading access through a U.S. regulated broker-dealer network," added Tim.

Berenbaum Weinshienk PC will serve as CanAm Coal's Principal American Liaison ("PAL") on OTCQX, responsible for providing guidance on OTCQX requirements and U.S. securities laws.

About CanAm Coal Corp.

CanAm Coal Corp. (OTCQX: COECF; TSX.V: COE) trades in the United States on OTCQX under the symbol "COECF." CanAm Coal Corp. is a coal producing and development company focused on growth through the acquisition, exploration and development of coal resources and resource-related technologies.

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. In 2010, securities on OTC Link traded over $144 billion in dollar volume, making it the third largest U.S. equity trading venue after NASDAQ and the New York Stock Exchange. We categorize the wide spectrum of OTC-traded 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.

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SOURCE Pink OTC Markets Inc.