NEW YORK, Feb. 25, 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 unlisted stocks, today
announced that Musgrove Minerals Corp. (TSX.V: MGS; OTCQX: MGSGF),
a Canadian-based mining and exploration company, is now trading on
the OTC market's highest tier, OTCQX®.
(Logo: http://photos.prnewswire.com/prnh/20090708/NY43125LOGO
)
Musgrove Minerals 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.
"Companies use OTCQX to expand their access to investors, engage
them with quality disclosure of their financials, and provide
trading transparency to stimulate liquidity," said R. Cromwell Coulson, President and Chief
Executive Officer of OTC Markets Group. "We are pleased to welcome
Musgrove Minerals to OTCQX."
Merriman Capital, Inc. will serve as Musgrove Minerals'
Principal American Liaison ("PAL") on OTCQX, responsible for
providing guidance on OTCQX requirements.
About Musgrove Minerals Corp.
Musgrove Minerals Corp. (TSX.V: MGS; OTCQX: MGSGF), trades in
the United States on OTCQX under
the symbol "MGSGF". Musgrove Minerals is a Canadian-based mining
and exploration company. The company is currently exploring four
advanced exploration-stage projects: the Empire Mine Copper Gold
Project in Idaho; the Musgrove
Creek Gold Project in Idaho; the
Charay Gold Property in Sinaloa,
Mexico; and the Vianey Mine Silver Project in Guerrero
State, Mexico, of which it owns a
50% interest.
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. In 2010, securities on
OTC Link traded over $144 billion in
dollar volume, making it the third largest U.S. equity trading
venue after NASDAQ and the New York Stock Exchange. 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.