Red Eagle Mining Corporation Joins OTCQX

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Nov 09, 2011, 07:00 ET

NEW YORK, Nov. 9, 2011 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), the company that operates the world's largest electronic marketplace for broker-dealers to trade unlisted stocks, today announced that Red Eagle Mining Corporation (OTCQX: RDEMF; TSXV: RD), a gold exploration and development company with two flagship properties in Colombia, is now trading on the OTC market's highest tier, OTCQX®.

(Logo: http://photos.prnewswire.com/prnh/20110118/MM31963LOGO)

Red Eagle Mining began trading today on the OTC market's premier tier, OTCQX International. Investors can find current financial disclosure and Real-Time Level 2 quotes for the Company on www.otcmarkets.com.

"OTCQX companies demonstrate their commitment to providing superior information to investors and maintaining the highest quality standards," said R. Cromwell Coulson, President and Chief Executive Officer of OTC Markets Group. "We are pleased to welcome Red Eagle Mining to OTCQX."

Securities Law USA, PC will serve as Red Eagle Mining's Principal American Liaison ("PAL") on OTCQX, responsible for providing guidance on OTCQX requirements.

About Red Eagle Mining Corporation

Red Eagle Mining Corporation (OTCQX: RDEMF; TSXV: RD) trades in the United States on OTCQX under the symbol "RDEMF" and on the TSX Venture Exchange under the symbol "RD". Red Eagle Mining is a gold exploration and development company with two flagship properties in the middle Cauca gold belt of Colombia. Red Eagle Mining also holds an additional portfolio of exploration properties throughout Colombia.

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. We categorize the wide spectrum of OTC 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 OTC Markets Group Inc.