Terrace Energy Corp. Begins Trading on OTCQX®
NEW YORK, Jan. 7, 2013
/PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator
of Open, Transparent and Connected financial marketplaces, today
announced that Terrace Energy Corp. (OTCQX: TCRRF; TSX.V: TZR), an
oil and gas exploration company, has chosen to trade on OTCQX®, the
qualified OTC marketplace with the highest financial standards and
third-party sponsorship.
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Terrace Energy began trading today on OTCQX International, a
segment of the OTCQX marketplace reserved for high-quality non-U.S.
companies listed on a qualified stock exchange in their home
country. U.S. investors can find current financial
disclosures and Real-Time Level 2 quotes for the company on
www.otcmarkets.com.
"The OTCQX marketplace offers investor-focused companies an
efficient and effective way to enhance their visibility with U.S.
investors," said R. Cromwell
Coulson, President and CEO of OTC Markets Group. "We
are pleased Terrace Energy Corp. has chosen to join the other elite
companies trading on OTCQX."
"We are proud to join OTCQX, the highest OTC marketplace," said
Eric Boehnke, CEO of Terrace Energy
Corp. "OTCQX enables us to provide our U.S. investors with
timely news and information to help them better analyze, value and
trade our securities."
Merriman Capital, Inc. will serve as Terrace Energy's Principal
American Liaison ("PAL") on OTCQX, responsible for sponsoring
qualified companies and providing professional guidance on OTCQX
requirements.
Terrace Energy is an oil & gas development stage company
that is focused on unconventional oil extraction in onshore areas
of the United States. It
currently has non-operating investments in two principal properties
situated in Texas with targets in
the "Olmos" and "Eagle Ford" formations and an option to acquire
and develop, as operator, targets in the "Mississippi Lime"
formation. For more information please visit the company's website
at www.terraceenergy.net.
Terrace Energy trades in the U.S. on OTCQX under the symbol
"TCRRF."
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 better inform investors of
opportunities and risks – OTCQX® - The Intelligent Marketplace for
the Best OTC Companies; OTCQB® - The Venture Marketplace; and OTC
Pink® - The 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 registered ATS.
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SOURCE OTC Markets Group Inc.