NEW YORK, June 29, 2015 /PRNewswire/ -- OTC Markets
Group Inc. (OTCQX: OTCM), operator of Open, Transparent and
Connected financial marketplaces, today announced Mill City
Ventures III, Ltd. (OTCQX: MCVT), a business development company
that invests in the equity and debt of startup companies, has
qualified to trade on the OTCQX® Best Marketplace for established,
global and growth companies.
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Mill City Ventures III begins trading today on OTCQX under the
symbol "MCVT." U.S. investors can find current financial
disclosure and Real-Time Level 2 quotes for the company on
www.otcmarkets.com.
"Mill City Ventures III is helping foster the growth of small
companies while offering its investors exciting early-stage
investment opportunities," said R. Cromwell
Coulson, President and CEO of OTC Markets Group. "We
are pleased to welcome Mill City Ventures III to the OTCQX
marketplace and look forward to supporting the company in its
continued growth."
"We are pleased to have our stock on the OTCQX marketplace,"
stated Douglas Polinsky CEO of Mill City Ventures III, Ltd.
"Our upgrade to OTCQX is our commitment to deliver greater
value to our shareholders and better position the company to
institutional and retail investors."
Maslon LLP serves as Mill City Ventures III's Designated Advisor
for Disclosure ("DAD") on OTCQX, responsible for providing
professional guidance on OTCQX requirements and U.S. securities
laws.
Mill City Ventures III is a business development company which
typically invests in the debt and equity of small startup and
growing businesses. The company's goal is to achieve above
market returns for its investors while working diligently to
mitigate its investor risk. In addition, it provides the
management of portfolio companies with advice with regard to
operations and finance.
About OTC Markets Group Inc.
OTC Markets Group Inc.
(OTCQX: OTCM) operates Open, Transparent and Connected financial
marketplaces for 10,000 U.S. and global securities. Through
our OTC Link® ATS, we directly link a diverse network of
broker-dealers that provide liquidity and execution services for a
wide spectrum of securities. We organize these securities
into marketplaces to inform investors of opportunities and risks:
the OTCQX® Best Marketplace; the OTCQB® Venture Marketplace; and
the OTC Pink® Open Marketplace. Our data-driven platform
enables investors to easily trade through the broker of their
choice at the best possible price and empowers a broad range of
companies to improve the quality and availability of information
for their investors. To learn more about how we create better
informed and more efficient financial marketplaces, visit
www.otcmarkets.com.
OTC Link ATS is operated by OTC Link LLC, member FINRA/SIPC and
SEC regulated ATS.
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Media Contact:
Saskia
Sidenfaden, OTC Markets Group Inc., +1 (212) 896-4428,
saskia@otcmarkets.com
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SOURCE OTC Markets Group Inc.