Golden Hope Mines Ltd. Joins OTCQX

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Dec 09, 2010, 07:00 ET

NEW YORK, Dec. 9, 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 Golden Hope Mines Ltd. (TSX.V: GNH; OTCQX: GOLHF), a junior exploration company, is now trading on the OTC market's highest tier, OTCQX®.

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Golden Hope Mines Ltd. 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.

"Investor-focused companies use the quality-controlled OTCQX platform to offer their investors transparent trading, superior information and easy access through their regulated U.S. broker-dealers," said R. Cromwell Coulson, President and CEO of Pink OTC Markets. "We are pleased to welcome Golden Hope Mines to OTCQX."

"We are extremely pleased to join OTCQX. Trading on OTCQX will allow our company to reach out to U.S. investors in an effective manner by allowing them to transact on a transparent and efficient platform," said Frank Candido, President and Director of Golden Hope Mines Limited.

Berenbaum Weinshenk PC will serve as Golden Hope Mines' Principal American Liaison ("PAL") on OTCQX, responsible for providing guidance on OTCQX requirements.

About Golden Hope Mines Ltd.

Golden Hope Mines Ltd. (TSX.V: GNH; OTCQX: GOLHF) trades in the United States on OTCQX under the symbol "GOLHF". Golden Hope Mines Limited is a junior exploration company focused on growing shareholder value through the acquisition, exploration and development of potentially large-scale gold and base metal projects. The Company's main project consists of the Bellechasse gold belt in Southern Quebec, Canada. The property is located on a mineralized belt that is mostly owned by Golden Hope and which includes the Bellechasse-Timmins gold deposit. The Company aims to explore and develop this flagship project into a world-class gold asset in an under explored region of one of the friendliest mining jurisdictions with excellent access to low cost infrastructure.

About OTCQX

OTCQX 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 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.