NEW YORK, July 12, 2012 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), the company that operates the world's largest electronic marketplace for OTC-traded equities, today announced that Tembo Gold Corp (OTCQX: TBGPF; TSX.V: TEM), a mineral exploration company focused on the exploration and development of gold projects in Tanzania, is now trading on the highest tier of the OTC market, OTCQX®.
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Tembo Gold 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.
"OTCQX companies demonstrate their commitment to providing superior information to investors and maintaining the highest quality standards," said R. Cromwell Coulson, President and Chief Executive Officer of OTC Markets Group. "We are pleased to welcome Tembo Gold to OTCQX."
Dorsey & Whitney LLP will serve as Tembo Gold's Principal American Liaison ("PAL") on OTCQX, responsible for providing guidance on OTCQX requirements and U.S. securities laws.
About Tembo Gold Corp
Tembo Gold Corp (OTCQX: TBGPF; TSX.V: TEM) trades in the United States on OTCQX under the symbol "TBGPF", and in Canada on the TSX Venture Exchange under the symbol "TEM". Tembo Gold is a Canadian publicly listed mineral exploration company focused on the exploration and development of gold projects in Tanzania and the rest of Africa. The Company currently has 100% interest in the Tembo Gold Project that is located adjacent to African Barrick's 20Moz Bulyanhulu Mine in the prolific Lake Victoria Greenstone belt in Tanzania. The company is led by a highly experienced team with a proven history of developing, financing, and operating mining projects in Africa. The company has commenced its 90,000m drill program on its Tembo Gold Project.
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.
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SOURCE OTC Markets Group Inc.