NEW YORK, Oct. 11, 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 Oracle Mining Corp. (OTCQX: OMCCF; TSXV: OMN), owner of the Oracle Ridge copper project 15 miles northeast of Tucson, AZ and headquartered in Vancouver, is now trading on the highest tier of the OTC market, OTCQX®. (Logo: http://photos.prnewswire.com/prnh/20110118/MM31963LOGO) Oracle Mining Corp. ("Oracle Mining") 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. "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 Oracle Mining to OTCQX." Berns & Berns, Counselors at Law, will serve as Oracle Mining's Principal American Liaison ("PAL") on OTCQX, responsible for providing guidance on OTCQX requirements. About Oracle Mining Corp.Oracle Mining Corp. (OTCQX: OMCCF; TSXV: OMN) trades in the United States on OTCQX under the symbol "OMCCF", and in Canada on the TSX Venture Exchange under the symbol "OMN". Oracle Mining Corp. is a Vancouver, Canada-based corporation with a focus on uncovering overlooked deep-value projects to achieve superior shareholder returns. The Corporation is the sole owner and operator of Oracle Ridge Mining LLC and copper mine located 15 miles northeast of Tucson, Arizona. Oracle Mining has cash on hand of approximately $12 million, minimal long-term debt and is managed by an experienced team of mining professionals with extensive operating and financial experience. 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. Subscribe to the OTCQX RSS Feed SOURCE OTC Markets Group Inc.
Jefferies analysts note that recent construction spending data indicates a cycle rotation away from construction-exposed names and toward industrial- and durable goods-levered firms could be playing out.