NEW YORK, Dec. 13, 2012 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of Open, Transparent and Connected financial marketplaces, today announced that European Uranium Resources Ltd. (OTCQX: EUUNF; TSX.V: EUU), a European uranium exploration and development company, has chosen to trade on OTCQX®,the qualified OTC marketplace with the highest financial standards and third-party sponsorship.
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European Uranium Resources 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.
"OTCQX is the best, most efficient, quality-controlled marketplace for OTC companies that meet the highest financial and disclosure standards," said R. Cromwell Coulson, President and CEO of OTC Markets Group. "We are pleased European Uranium Resources has chosen to join the other elite companies trading on OTCQX."
"We are proud to begin trading on OTCQX, the highest OTC marketplace in the U.S.," said Dorian L. (Dusty) Nicol, President and CEO of European Uranium Resources. "OTCQX enables us to provide our U.S. investors with timely news and information to help them better analyze, value and trade our securities."
Global Hunter Securities, a full-service investment bank focusing on natural resources-related sectors, will serve as European Uranium Resources' Principal American Liaison ("PAL") on OTCQX, responsible for sponsoring qualified companies and providing professional guidance on OTCQX requirements.
European Uranium Resources is a dedicated European uranium exploration and development company that has built a portfolio of outstanding projects in Slovakia, Sweden and Finland at all stages of the exploration / development pipeline. The company is well placed to become the key uranium exploration and development company in Europe. Its Kuriskova Project in Slovakia could be one of the world's lowest cost uranium producers. European Uranium has a strong base of supportive shareholders including AREVA, ranked first in the global nuclear power industry and a key player in uranium mining and nuclear operations on a world-wide basis.
European Uranium Resources trades in the U.S. on OTCQX under the symbol "EUUNF."
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, visitwww.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.