Xmet Inc. Joins OTCQX Under the Symbol XMTTF
26 Januar 2012 - 7:39PM
Marketwired
Xmet (TSX VENTURE:XME)(OTCQX:XMTTF) is pleased to announce that the
company is now trading on the highest tier of the OTC market,
OTCQX®.
Xmet 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.
"The superior information and visibility of the OTCQX
marketplace allows companies to efficiently build investor
confidence and expand their shareholder base," said R. Cromwell
Coulson, President and Chief Executive Officer of OTC Markets
Group. "We are pleased to welcome Xmet to OTCQX."
Berns & Berns, Counsellors at Law, will serve as Xmet's
Principal American Liaison ("PAL") on OTCQX, responsible for
providing guidance on OTCQX requirements.
About Xmet Inc.
Xmet, Inc. (TSX VENTURE:XME)(OTCQX:XMTTF) trades in the United
States on OTCQX under the symbol "XMTTF", and in Canada on the TSX
Venture under the symbol "XME". Xmet is a gold exploration company
focused on advanced projects in existing mining camps in Canada
where exploration and mining costs are minimized and where previous
and historic producing mines make for much easier permitting and
minimizes community and First Nations social community risks.
Xmet's flagship project, the Duquesne-Ottoman property, which
covers an area of 928.6 hectares, is located approximately 30
kilometres north of the city of Rouyn-Noranda and 10 kilometres
east of the village of Duparquet within the townships of Duparquet
and Destor in the Province of Quebec.
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(TM) 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(TM)
(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.
Mr. Charles Beaudry, P.Geo., Xmet's President, COO and Director,
is the designated Qualified Person responsible for this
release.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Contacts: Xmet Inc. Charles Beaudry President and COO (416)
644-6588cbeaudry@xmet.ca Xmet Inc. Stephen Stewart VP Corporate
Development (416) 644-6588sstewart@xmet.ca
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