Grayd Joins the OTCQX International Market in the U.S.
31 Mai 2011 - 1:00PM
Marketwired
Grayd Resource Corporation (TSX VENTURE: GYD)(OTCQX: GYDRF)
("Grayd") or ("the Company") announces that it is now trading on
the OTC Market's highest tier "OTCQX International" under the
symbol "GYDRF". OTC Markets Group Inc. is a leading financial
information and technology services company that provides the
world's largest electronic inter-dealer quotation system, trading
technology and financial information provider for over-the-counter
(OTC) securities in the United States. Investors can find current
financial disclosure and real-time Level 2 quotes for the Company
on www.otcqx.com and www.otcmarkets.com.
As an OTCQX company, Grayd is expected to benefit from being
associated with the top segment of the United States OTC Market,
bringing broader visibility to U.S. investors. Grayd joins numerous
large and well known international mining companies who have also
elected to access the U.S. markets using this platform.
Berenbaum Weinshienk PC will serve as Grayd's Principal American
Liaison ("PAL") on the OTCQX, responsible for providing guidance on
OTCQX requirements and compliance with U.S. securities laws.
Grayd President and CEO, Marc Prefontaine stated; "The OTCQX
offers Grayd an excellent platform to satisfy the many requests by
our U.S. shareholders and potential investors who have asked the
company to trade its shares in the United States. We are looking
forward to our new U.S. presence bringing extra attention and
liquidity to Grayd as we continue to advance our exciting Tarachi
Gold Porphyry Project and move our La India Resource towards
production in 2013."
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. In 2010, securities on OTC
Link traded over $144 billion in dollar volume, making it the third
largest U.S. equity trading venue after NASDAQ and the New York
Stock Exchange. 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.
The information in this news release may contain forward-looking
statements. When used in this release, words such as "estimate",
"expect", "anticipate" and "believe" as well as similar expression
are intended to identify forward-looking statements. Such
statements are used to describe management's future plans, objects,
and goals for the Company and therefore involve inherent risks and
uncertainties. The reader is cautioned that actual results,
performance or achievements may be materially different from those
implied or expressed in such statements, which speak only as of the
date the statements were made. The Company does not update
forward-looking statements continually as conditions change.
The TSX Venture Exchange has neither approved nor disapproved of
the information contained herein.
Contacts: Grayd Resource Corporation Marc A. Prefontaine
President and CEO 604-681-7446 Grayd Resource Corporation Daniel G.
McIntyre Manager Corporate Communications 604-681-7446 604-608-5372
(FAX) www.grayd.com
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