NEW YORK, Dec. 7, 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 unlisted stocks, announced
that Southern Arc Minerals Inc. (OTCQX: SOACF; TSX.V: SA), a
Canadian mineral exploration company, is now trading on the highest
tier of the OTC market, OTCQX®.
(Logo: http://photos.prnewswire.com/prnh/20110118/MM31963LOGO
)
Southern Arc Minerals 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.otcmarkets.com.
"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 Southern Arc to
OTCQX."
Dorsey & Whitney LLP will serve as Southern Arc's Principal
American Liaison ("PAL") on OTCQX, responsible for providing
guidance on OTCQX requirements.
About Southern Arc Minerals Inc.
Southern Arc Minerals Inc. (OTCQX: SOACF; TSX.V: SA) trades
in the United States on OTCQX
under the symbol "SOACF", in Canada on the TSX Venture Exchange under the
symbol "SA". Southern Arc Minerals Inc. is a Canadian mineral
exploration company with an aggressive exploration, acquisition and
growth strategy. The Company's portfolio includes four
exploration projects with epithermal gold and gold-copper porphyry
prospects on the Lombok and Sumbawa islands in Indonesia, three of which are being advanced
in partnership with major mining companies Vale and
Newcrest. The Company's key exploration property is its
West Lombok project, with several gold-rich copper porphyry and
epithermal gold vein prospects. More information is available at
www.southernarcminerals.com or by emailing
info@southernarcminerals.com.
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.