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Jan. 10, 2011 /PRNewswire/ --
Pink OTC Markets Inc. (Pink Sheets: PINK), the financial information and technology services company that operates the leading electronic quotation and trading system in the U.S. OTC securities market, today announced that
Millrock Resources, Inc. (TSX.V: MRO; OTCQX: MLRKF), a company engaged in the acquisition, exploration and development of mineral properties prospective for gold, copper and other valuable metals, is now trading on the OTC market's highest tier, OTCQX®.
"Companies use OTCQX to expand their access to investors, engage them with quality disclosure of their financials, and provide trading transparency to stimulate liquidity," said
R. Cromwell Coulson, President and CEO of Pink OTC Markets. "We are pleased to welcome Millrock Resources to OTCQX."
Millrock Resources, Inc. 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
Millrock President & CEO
Gregory Beischer stated, "We are very pleased to have our company join OTCQX. All of our exploration projects are on American soil, and most of our employees are Americans. It therefore makes good sense to become a part of the OTCQX marketplace and provide American investors with greater access to an investment in their own country."
Hodgson Russ LLP will serve as Millrock's Principal American Liaison ("PAL") on OTCQX, responsible for providing guidance on OTCQX requirements.
About Millrock Resources, Inc.Millrock Resources, Inc. (TSX.V: MRO; OTCQX: MLRKF), trades in
the United States on OTCQX under the symbol "MLRKF". Millrock Resources follows a Project Generator - Joint Venture business model that capitalizes on it's knowledge and ability to identify early stage exploration targets in
Arizona. Millrock Resources is engaged in the acquisition, exploration and development of mineral properties prospective of gold, copper and other valuable metals.
OTCQX is the premier tier of the U.S. OTC market. Investor-focused companies use the quality-controlled OTCQX platform to offer investors transparent trading, superior information, and easy access through their regulated U.S. broker-dealers. The innovative OTCQX platform offers companies and their shareholders a level of marketplace services formerly available only on a U.S. stock exchange. For more information, and to view a full list of OTCQX companies, visit
About Pink OTC Markets Inc.Pink OTC Markets Inc. (OTCQX: PINK) operates the leading electronic interdealer quotation and trading system for over 9,000 securities not listed on a U.S. stock exchange. Pink OTC Markets segments these securities into three tiers: the quality-controlled OTCQX marketplace, the U.S. registered and reporting OTCQB marketplace, and the speculative trading Pink Sheets marketplace. These three tiers constitute the third largest U.S. liquidity pool for trading public company shares, after The NASDAQ Stock Market, Inc. and The New York Stock Exchange.
Our products and services promote market transparency, improve price discovery, facilitate regulatory compliance, and increase the quality of issuer disclosure, to the benefit of all OTC market participants. To learn more about how Pink OTC Markets' products and services make OTC markets more transparent, informed, and efficient, please visit our websites at
www.otcqx.com or contact us at
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SOURCE Pink OTC Markets Inc.