NEW YORK, May 1, 2012 /PRNewswire/ -- OTC Markets
Group Inc. (OTCQX: OTCM), the company that operates the world's
largest electronic marketplace for OTC-traded equities, today
announced that Teras Resources Inc. (OTCQX: TRARF; TSX.V: TRA), a
junior mining exploration & development company, is now trading
on the highest tier of the OTC market, OTCQX®.
(Logo: http://photos.prnewswire.com/prnh/20110118/MM31963LOGO
)
Teras Resources 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.
"OTCQX companies demonstrate their commitment to providing
superior information to investors and maintaining the highest
quality standards," said R. Cromwell
Coulson, President and Chief Executive Officer of OTC
Markets Group. "We are pleased to welcome Teras Resources to
OTCQX."
Berenbaum Weinshienk PC will serve as Teras Resources' Principal
American Liaison ("PAL") on OTCQX, responsible for providing
guidance on OTCQX requirements and U.S. securities laws.
About Teras Resources Inc.
Teras Resources Inc. (OTCQX: TRARF; TSX.V: TRA) trades in
the United States on OTCQX under
the symbol "TRARF", in Canada on
the TSX Venture Exchange under the symbol "TRA". Teras Resources
Inc is a junior mining exploration & development company
headquartered in Calgary, Canada,
focused on the creation of exceptional shareholder value through
applying advanced geology, geochemistry and geophysics to explore
and develop high-quality gold and base metal properties in known
producing areas of North
America.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates the world's
largest OTC marketplace for equity securities. Our OTC Link®
trading system delivers price transparency in over 10,000
securities and enables direct interaction between broker-dealers
that provide liquidity and execution services. We organize the wide
spectrum of OTC-traded equity securities into three marketplaces to
inform investors of opportunities and risks - OTCQX - The
Intelligent Marketplace for the Best OTC Companies; OTCQB® - The
Venture Marketplace; and OTC Pink® - The Open Marketplace. Our
information-driven platform makes it easy for investors to trade at
the best price through the broker of their choice and empowers
companies to build the best markets for their investors. To learn
more about our Open, Transparent, and Connected marketplace, visit
www.otcmarkets.com.
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SOURCE OTC Markets Group Inc.
