NEW YORK, Feb. 7, 2012 /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 unlisted stocks, announced
that Northern Freegold Resources Ltd. (OTCQX: NFRGF; TSX.V: NFR), a
Canadian-based precious metals exploration and development company,
is now trading on the highest tier of the OTC market,
OTCQX®.
(Logo: http://photos.prnewswire.com/prnh/20110118/MM31963LOGO
)
"The OTCQX platform supports a transparent marketplace with high
quality issuers, financial information disclosure and efficient
trading for U.S. investors," said R.
Cromwell Coulson, President and Chief Executive Officer of
OTC Markets Group. "We are pleased to welcome Northern Freegold to
OTCQX."
Northern Freegold began trading today on the OTC market's
prestigious tier, OTCQX International. Investors can find
current financial disclosures and Real-Time Level 2 quotes for the
Company on www.otcmarkets.com.
"We are delighted to begin trading in the U.S. on the OTCQX,"
said John Burges, President &
CEO of Northern Freegold. "One of my priorities is to make it as
easy as possible for investors to buy Northern Freegold stock. Our
trading on OTCQX should, over time, help improve our presence in
the U.S., which will offer significant benefits to all
shareholders."
Dorsey & Whitney LLP will serve as Northern Freegold's
Principal American Liaison ("PAL") on OTCQX, responsible for
providing guidance on OTCQX requirements and U.S. securities
laws.
About Northern Freegold Resources Ltd.
Northern Freegold Resources Ltd. (OTCQX: NFRGF; TSX.V:
NFR) trades in the United States
on OTCQX under the symbol "NFRGF", and in Canada on the TSX Venture under the symbol
"NFR". Northern Freegold is a well-financed, rapidly advancing
Canadian-based precious metals exploration and development company.
Northern Freegold brings wide-ranging expertise and strong
management to focus on the development of economic mineral
resources on the district-scale Freegold Mountain gold and copper
project in the Yukon and the Burro
Creek gold and silver property in Arizona. Management believes its Freegold
Mountain Project is part of a large scale gold-rich porphyry
system, which extends in an east-west direction for more than 8km.
The system shows the same geological characteristics to other
porphyry deposits in the region which host multi-million ounce gold
resources and reserves with multi-billion pound copper
resources.
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
intelligent marketplace), OTCQB® (the venture marketplace), and OTC
Pink™ (the open 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.