NEW YORK, June 28, 2012 /PRNewswire/ -- OTC Markets
Group Inc. (OTCQX: OTCM), the financial information and technology
services company that operates the world's largest Open,
Transparent and Connected marketplace platform, today announced
that Peak Resources Ltd. (OTCQX: PKRLY; ASX: PEK), a company
engaged in the exploration and evaluation of mineral licenses in
Australia and Tanzania, 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)
Peak Resources began trading today on the OTC market's
prestigious tier, OTCQX International. Investors can find
current financial disclosures and Real-Time Level 2 quotes for the
Company on www.otcmarkets.com.
"The OTCQX platform offers investor-focused companies a winning
combination of quality control, transparency, and broader
visibility to U.S. investors," said R.
Cromwell Coulson, President and Chief Executive Officer of
OTC Markets Group. "We are pleased to welcome Peak Resources to
OTCQX."
Roth Capital Partners, LLC will serve as Peak Resources'
Principal American Liaison ("PAL") on OTCQX, responsible for
providing guidance on OTCQX requirements and U.S. securities
laws.
About Peak Resources Ltd.
Peak Resources Ltd. (OTCQX: PKRLY; ASX: PEK) trades in
the United States on OTCQX under
the symbol "PKRLY", where each ADR represents 20 ordinary shares.
Peak Resources Limited aims to develop itself into a medium sized
mining house based on exploration and development of its highly
prospective exploration portfolio.
The Company's focus is the development of the Ngualla Rare Earth
Project in southern Tanzania. Ngualla is a large new high
grade rare earth discovery that ranks as the fifth largest deposit
outside of China. Additionally,
Peak holds gold exploration projects in the prolific Lake Victoria
Gold Fields region of northern Tanzania.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates the
world's largest Open, Transparent and Connected financial
marketplace platform, delivering price transparency in almost
10,000 OTC securities. The OTC Link® ATS directly links
broker-dealers that provide liquidity and execution services.
We organize the wide spectrum of OTC-traded securities into three
marketplaces to 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 financial marketplace
platform enables smarter trading through any broker at the best
possible price, and empowers companies to improve the quality and
availability of information for their investors. To learn
more about our Open, Transparent and Connected financial
marketplaces, visit www.otcmarkets.com.
OTC Link ATS operated by OTC Link LLC, member FINRA/SIPC and SEC
registered ATS.
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SOURCE OTC Markets Group Inc.