NEW YORK, Oct. 4, 2011 /PRNewswire/ -- OTC Markets
Group Inc. (OTCQX: OTCM), the financial information and technology
services company that provides the world's largest electronic
marketplace for broker-dealers to trade over-the-counter ("OTC")
stocks, announced that Ridgemont Iron Ore Corp. (OTCQX: RIOOF;
TSX.V: RDG), a Canadian exploration and development company, is now
trading on the highest tier of the OTC market,
OTCQX®.
(Logo: http://photos.prnewswire.com/prnh/20110118/MM31963LOGO)
Ridgemont Iron Ore 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 provides the highest level of visibility and access to
U.S. investors possible in the OTC marketplace," said R. Cromwell Coulson, President and Chief
Executive Officer of OTC Markets Group. "We are pleased to welcome
Ridgemont Iron Ore to OTCQX."
SecuritiesLawUSA, PC will serve as Ridgemont Iron Ore's
Principal American Liaison ("PAL") on OTCQX, responsible for
providing guidance on OTCQX requirements.
About Ridgemont Iron Ore Corp.
Ridgemont Iron Ore Corp. (OTCQX: RIOOF; TSX.V: RDG) trades
in the United States on OTCQX
under the symbol "RIOOF", and in Canada on TSX Venture under the symbol "RDG".
Ridgemont is an exploration and development company in Canada and has an option to acquire up to 75%
interest in the Redford iron ore
property, comprised of 26 claims covering 10,821 hectares and
located 22 kilometres northeast of Ucluelet, in the Alberni Mining Division,
Vancouver Island, British
Columbia.
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-traded 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.