NEW YORK, Nov. 1, 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 over-the-counter ("OTC")
stocks, announced that Empire Energy Group Limited (OTCQX: EEGNY;
ASX; EEG), an oil and gas exploration and production company, has
chosen to have its American Depositary Receipts (ADRs) traded on
the highest tier of the OTC market, OTCQX®.
(Logo:
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Empire Energy 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.otcqx.com and 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
Empire Energy to OTCQX."
Casimir Capital, a full service international investment bank
specializing in natural resources, will serve as Empire Energy's
Principal American Liaison ("PAL") on OTCQX, responsible for
providing guidance on OTCQX requirements.
About Empire Energy Group Limited
Empire Energy Group Limited (OTCQX: EEGNY; ASX; EEG) trades in
the United States on OTCQX under
the symbol "EEGNY", where each ADR represents 20 ordinary shares.
Empire Energy Group Limited is an oil and gas exploration and
production (E&P) Company focused on
onshore long-life oil and gas fields, primarily in the
USA.
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
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.
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SOURCE OTC Markets Group Inc.