NEW YORK, Nov. 11, 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 Laurion Mineral Exploration Inc., (TSX.V: LME; OTCQX: LMEFF) a Canadian company focused on gold exploration, is now trading on the OTC market's highest tier, 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 CEO of Pink OTC Markets. "We are pleased to welcome Laurion Mineral Exploration to OTCQX."
Laurion Mineral Exploration 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.
Cynthia Le Sueur-Aquin, President and CEO of Laurion Mineral Exploration Inc. stated today, "We are very pleased to commence trading on the premier tier of the OTC. This step is indicative of our commitment to increasing investor awareness to Laurion and offering additional liquidity to our shareholders in a transparent marketplace."
Dorsey & Whitney LLP will serve as Laurion Mineral's Principal American Liaison ("PAL") on OTCQX, responsible for providing guidance on OTCQX requirements.
About Laurion Mineral Exploration Inc.
Laurion Mineral Exploration Inc., (TSX.V: LME; OTCQX: LMEFF) trades in the United States on OTCQX under the symbol "LMEFF". Laurion Mineral Exploration Inc.'s horizons are focused primarily on developing our gold projects towards near term production with key interests in prospective mining properties located in Ontario, Canada and Nevada, USA.
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 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].
SOURCE Pink OTC Markets Inc.
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