NEW YORK, Oct. 5, 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 Malaga Inc. (OTCQX: MLGAF; TSX: MLG), owner
and operator of a mine in Peru, is
now trading on the highest tier of the OTC market,
OTCQX®.
(Logo:
http://photos.prnewswire.com/prnh/20110118/MM31963LOGO )
Malaga 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.
"The OTCQX platform offers investor-focused companies a winning
combination of quality control, transparency, and broader
visibility to U.S. investors," said R.
Cromwell Coulson, President and Chief Executive Officer of
OTC Markets Group. "We are pleased to welcome Malaga to OTCQX."
Merriman Capital, Inc. will serve as Malaga's Principal American
Liaison ("PAL") on OTCQX, responsible for providing guidance on
OTCQX requirements.
About Malaga Inc.
Malaga Inc. (OTCQX: MLGAF; TSX: MLG) trades in the United States on OTCQX under the symbol
"MLGAF", and in Canada on TSX
Venture under the symbol "MLG". Malaga is one of only two tungsten
ore producers in the Americas and has one of the few tungsten mines
in operation in the world. One of the rare tungsten mining
operations outside of China listed
on a stock exchange, Malaga's tungsten ore is recognized worldwide
for its superior quality.
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.
