Resources Dianor Inc. Joins OTCQX

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Nov 23, 2010, 07:00 ET

NEW YORK, Nov. 23, 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 Resources Dianor Inc. (TSX-V: DOR; OTCQX: RSDNF), also known as Dianor Resources Inc., a mineral exploration company with a diversified portfolio of diamond properties in Quebec and Ontario, is now trading on the OTC market's highest tier, OTCQX®.

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"OTCQX companies demonstrate their commitment to providing superior information to investors and maintaining the highest quality standards," said R. Cromwell Coulson, President and CEO of Pink OTC Markets. "We are pleased to welcome Resources Dianor to OTCQX."

Resources Dianor 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.

"World diamond production peaked in 2007 at 160 million carats and it is projected that by 2015 there will be a significant diamond shortfall to meet world demand. Dianor Resources Inc. now trading on the OTCQX will be able to provide our U.S. investors access to investing in a diamond exploration company located in a stable political environment," said Dianor's President and C.E.O, John Ryder.

Berenbaum Weinshienk PC will serve as Resources Dianor's Principal American Liaison ("PAL") on OTCQX, responsible for providing guidance on OTCQX requirements.

About Resources Dianor Inc.

Resources Dianor Inc. (TSX-V: DOR; OTCQX: RSDNF) trades in the United States on OTCQX under the symbol "RSDNF". Dianor is a mineral exploration company with a diversified portfolio of diamond properties in Quebec and Ontario. Currently exploration for the discovery of diamonds is the company's main focus. The Company's flagship diamond property is situated and easily accessible, some 12 kilometres north east of Wawa in Northern Ontario, Canada. A preliminary tonnage estimate for the diamond bearing rock is in the range of 549 million to 583 million tonnes and in addition to diamonds contains gold, sapphires and rubies (43-101 Report, 29th September 2009). The Company has received government approval to proceed with a 50,000 tonne bulk sampling programme which is planned to commence in 2011.

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].

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SOURCE Pink OTC Markets Inc.