NEW YORK, March 8, 2012 /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 Mako Energy Ltd (OTCQX: MAEEY; ASX: MKE), an Australia based oil and gas company focused on
development in Western Canada, has
chosen to have its American Depositary Receipts (ADRs) traded on
the highest tier of the OTC market, OTCQX®.
(Logo:
http://photos.prnewswire.com/prnh/20110118/MM31963LOGO )
Mako 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.otcmarkets.com.
"We are pleased to welcome Mako Energy to OTCQX," said R.
Cromwell Coulson, President and Chief Executive Officer of OTC
Markets Group. "The OTCQX platform supports a transparent
marketplace with high quality issuers, financial information
disclosure and efficient trading for U.S. investors."
Casimir Capital L.P. will serve as Mako Energy's Principal
American Liaison ("PAL") on OTCQX, responsible for providing
guidance on OTCQX requirements.
About Mako Energy Ltd
Mako Energy Ltd (OTCQX: MAEEY; ASX: MKE) trades in
the United States on OTCQX under
the symbol "MAEEY", where each ADR represents 20 ordinary shares.
Mako Energy is also trading on the ASX under the symbol "MKE". Mako
Energy Limited is an exploration and producing oil and gas company
based in Calgary, Alberta. Mako
is focused on the light oil and liquids rich gas area of the
Western Canadian Sedimentary Basin in west central Alberta. The Company's primary interests are
in the Rock Creek formation (light
oil and liquids rich gas) and in the Duvernay formation (world class, liquids rich
shale). Mako's shares trade on the Australian Stock Exchange
("ASX") under the symbol MKE. To learn more about Mako Energy
Limited, visit www.makoenergy.ca.
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
marketplace by categorizing the wide spectrum of OTC-traded
companies into three tiers: 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.