NEW YORK, Sept. 23, 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 Next Gen Metals, Inc. (OTCQX: NXTTF; TSX.V:
N), a mineral exploration company focused on silver, gold and base
metals projects in North America,
is now trading on the highest tier of the OTC market, OTCQX®.
(Logo:
http://photos.prnewswire.com/prnh/20110118/MM31963LOGO)
Next Gen Metals 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 OTCQX platform supports a transparent marketplace with high
quality issuers, financial information disclosure and efficient
trading for U.S. investors," said R.
Cromwell Coulson, President and Chief Executive Officer of
OTC Markets Group. "We are pleased to welcome Next Gen Metals to
OTCQX."
Merriman Capital, Inc. will serve as Next Gen Metals' Principal
American Liaison ("PAL") on OTCQX, responsible for providing
guidance on OTCQX requirements and U.S. securities laws.
"We are pleased to be able to better serve the growing number of
U.S. investors following Next Gen Metals with an enhanced U.S.
presence on OTCQX and the advisory services provided by Merriman
Capital Inc.," said Next Gen Metals' President & CEO,
Harry Barr. "The OTCQX has earned a
strong reputation for providing U.S. investors with improved,
liquidity, transparency, superior information, and easy access
through their U.S. regulated broker-dealers."
About Next Gen Metals, Inc.
Next Gen Metals, Inc. (OTCQX: NXTTF; TSX.V: N) trades in
the United States on OTCQX under
the symbol "NXTTF", and in Canada
on TSX Venture under the symbol "N". Next Gen is a mineral
exploration company whose current focus is on silver, gold, and
base metals projects in North
America. The Company has recently acquired a 60% earn in
option with Alto Ventures Ltd (TSX.V: ALT) on the Destiny
Gold Project (600,000 oz Gold) located in the Abitibi Greenstone
Belt of Northwest Quebec, one of
the most famous gold and base metals regions in the world. Next Gen
is also advancing the Silver Chalice Project, located in
Alaska, and the Fate Gold Project,
located adjacent to the Destiny Gold Project.
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.