NEW YORK, May 14, 2012 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), the company that operates the world's largest electronic marketplace for OTC-traded equities, today announced that Champion Minerals Inc. (OTCQX: CPMNF; TSX: CHM), an iron ore exploration and development company, is now trading on the highest tier of the OTC market, OTCQX®.
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Champion Minerals began trading today on the OTC market's prestigious tier, OTCQX International. Investors can find current financial disclosures and Real-Time Level 2 quotes for the Company on 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 Champion Minerals to OTCQX."
Stifel Nicolaus & Company, Inc. will serve as Champion Minerals' Principal American Liaison ("PAL") on OTCQX, responsible for providing guidance on OTCQX requirements and U.S. securities laws.
About Champion Minerals Inc.
Champion Minerals Inc. (OTCQX: CPMNF; TSX.V: CHM) trades in the United States on OTCQX under the symbol "CPMNF", and in Canada on the TSX Venture Exchange under the symbol "CHM". Champion is an iron ore exploration and development company focused on developing its iron ore resources in the provinces of Quebec and Newfoundland & Labrador. Champion's projects include: The Fermont Projects in Quebec and the Attikamagen Iron Property in Quebec and Labrador. Champion's Fermont iron ore holdings comprise 17 properties, 4 of which – Fire Lake North, Bellechasse, Harvey-Tuttle and Moire Lake – host combined estimates of current Measured and Indicated Iron Mineral Resources totaling 564 Million Tonnes and Inferred Iron Minerals Resources totaling 2.2 Billion Tonnes. The Fermont Projects, including the flagship Fire Lake North Project, are located in Canada's major iron ore producing district in close proximity to three producing mines. Champion's team and advisory board includes mining and exploration professionals with substantial iron ore expertise to effectively advance the Fire Lake North Project into production.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates the world's largest OTC marketplace for equity securities. Our OTC Link® trading system delivers price transparency in over 10,000 securities and enables direct interaction between broker-dealers that provide liquidity and execution services. We organize the wide spectrum of OTC-traded equity securities into three marketplaces to inform investors of opportunities and risks - OTCQX - The Intelligent Marketplace for the Best OTC Companies; OTCQB® - The Venture Marketplace; and OTC Pink® - The Open Marketplace. Our information-driven platform makes it easy for investors to trade at the best price through the broker of their choice and empowers companies to build the best markets for their investors. To learn more about our Open, Transparent, and Connected marketplace, visit www.otcmarkets.com.
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SOURCE OTC Markets Group Inc.
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