Viridis Energy Inc. Joins OTCQX

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Nov 04, 2010, 07:00 ET

NEW YORK, Nov. 4, 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 Viridis Energy Inc., (TSX.V: VRD; OTCQX: VRDSF) a Canadian company focused on the manufacturing, distribution and marketing of biomass fuel, is now trading on the OTC market's highest tier, OTCQX®.

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Viridis Energy 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.

"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 Viridis Energy to OTCQX."

Berns & Berns, Counsellors at Law will serve as Viridis Energy's Principal American Liaison ("PAL") on OTCQX, responsible for providing guidance on OTCQX requirements.

About Viridis Energy Inc.

Viridis Energy Inc., (TSX.V: VRD; OTCQX: VRDSF) trades in the United States on OTCQX under the symbol "VRDSF". The Company is a supplier of biomass fuel to domestic and international markets. The initial source of biomass fuel being supplied to the domestic market is wood pellet fuel. The Company owns a manufacturing and a distribution business and has successfully built one of the leading brands of super premium wood pellet fuel in the U.S., the Okanagan Pellet brand. With over 650 customers in North America, the company is set to expand to Asia Pacific and Europe.

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.