OTC Markets Group Welcomes Hyperdynamics to OTCQX

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Mar 11, 2015, 07:00 ET

NEW YORK, March 11, 2015 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of Open, Transparent and Connected financial marketplaces, today announced Hyperdynamics Corp. (OTCQX: HDYN), an emerging independent oil and gas exploration company, has qualified to trade on OTCQX®, the best marketplace for established, global and growth companies. Hyperdynamics previously traded on the New York Stock Exchange under the symbol "HDY."

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Hyperdynamics begins trading today on OTCQX under the symbol "HDYN." U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.

"Trading on OTCQX will allow Hyperdynamics to maintain the transparent trading, high disclosure standards and visibility to which its shareholders are accustomed while placing it in company with some of the world's largest, most established and investor-friendly companies on OTCQX," said R. Cromwell Coulson, President and CEO of OTC Markets Group. "We look forward to supporting Hyperdynamics as it continues to grow its business and thrive on our Best marketplace."

"We are pleased to have our stock trading on the OTCQX marketplace," stated Ray Leonard, President and CEO of Hyperdynamics Corporation. "The high standards of the OTCQX marketplace underscore our emphasis on continued financial transparency, communication with investors and shareholders through our SEC filings, and our commitment to making our stock as accessible as possible to the investment community through the OTCQX visibility and market-making support."

Squire Patton Boggs serves as Hyperdynamics' Designated Advisor for Disclosure ("DAD") on OTCQX, responsible for providing professional guidance on OTCQX requirements and U.S. securities laws.

Hyperdynamics is an emerging independent oil and gas exploration company that is exploring offshore the Republic of Guinea for new sources of oil and gas in a consortium that includes Tullow Oil Plc and Dana Petroleum E&P Ltd. Hyperdynamics, through its subsidiary company SCS, holds a 37% non-operator interest covering approximately 18,750 square kilometers in Guinea, one of the largest exploration licenses offshore West Africa.

About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates Open, Transparent and Connected financial marketplaces for 10,000 U.S. and global securities. Through our OTC Link® ATS, we directly link a diverse network of broker-dealers that provide liquidity and execution services for a wide spectrum of securities. We organize these securities into marketplaces to inform investors of opportunities and risks: the OTCQX® Best Marketplace; the OTCQB® Venture Marketplace; and the OTC Pink® Open Marketplace. Our data-driven platform enables investors to easily trade through the broker of their choice at the best possible price and empowers a broad range of companies to improve the quality and availability of information for their investors. To learn more about how we create better informed and more efficient financial marketplaces, visit www.otcmarkets.com.

OTC Link ATS is operated by OTC Link LLC, member FINRA/SIPC and SEC regulated ATS.

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Media Contact:
Saskia Sidenfaden, OTC Markets Group Inc., +1 (212) 896-4428, [email protected]

SOURCE OTC Markets Group Inc.