Merriman Holdings Inc (MERR)

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$TAIPF - Merriman Capital Announces Sponsorship of Taipan Resources, Inc. on OTCQX

(Thomson Reuters ONE via COMTEX) -- SAN FRANCISCO - May 23, 2014 - Merriman Capital, Inc., a wholly owned subsidiary of Merriman Holdings, Inc. (otcqx:MERR), announced today that it will serve as the Principal American Liaison (PAL) for Taipan Resources, Inc. (otcqx:TAIPF) ("the Company") as it begins trading on OTCQX(R). The OTC announced today that the Company is now trading on the OTC market's highest tier, the OTCQX.

OTCQX is the premier tier of the OTC markets. OTCQX traded companies are distinguished from more than 9,000 securities traded Over-the-Counter. These companies meet more stringent financial standards and undergo a qualitative review process. For international issuers, a PAL is selected by an OTCQX traded company to serve as a liaison between the issuer and the U.S. market. The PAL can help the issuer communicate more effectively with the U.S. investment community by leveraging the PAL's resources and capital markets experience. PAL eligibility is limited to FINRA member investment banks or ADR banks.

"We are very pleased to add Taipan Resources to our expanding universe of OTCQX companies," commented Douglas Rogers, Managing Director of Merriman's Capital Markets Advisory Group. "Advising our clients on best practices regarding their material information and financial reporting requirements is a key component of our advisory platform at Merriman. We look forward to sponsoring and supporting the Taipan Resources management team in our capacity as their PAL to the OTCQX market."

About Merriman Capital, Inc.

Merriman Capital, Inc. is a full service investment bank and Broker-Dealer that facilitates efficient capital formation through a proprietary digital network, and offers Capital Markets Advisory and comprehensive Corporate Brokerage services for public and private companies. The firm also provides equity and options execution services for sophisticated investors and differentiated research for high growth companies. Merriman Capital, Inc. is a wholly owned brokerage subsidiary of Merriman Holdings, Inc. (otcqx:MERR) and is a leading advisory firm for publicly traded, high-growth companies.

Digital Capital Network, powered by Merriman Capital, is a capital marketplace that enables highly targeted and more efficient execution of transactions. Please visit our website for more information on how you can be a part of our Digital Capital Network: http://www.digitalcapitalnetwork.com .

Merriman Capital, Inc. is a registered broker-dealer and member of The Financial Industry Regulatory Authority (FINRA) http://www.finra.org/ and the Securities Investor Protection Corporation (SIPC) http://www.sipc.org/ .

About Taipan Resources, Inc.

Taipan Resources Inc. (otcqx:TAIPF) CA:TPN +12.00% is an independent, Africa-focused oil exploration company with interests in Block 1 and Block 2B onshore Kenya through its wholly owned subsidiary Lion Petroleum Corp.

Taipan operates and holds a 45% working interest in Block 2B (1.35 million acres / 5,464 km2) and a 20% working interest in Block 1 (5.497 million acres / 22,246 km2) which is operated by East Africa Exploration (Kenya) Ltd, a subsidiary of Afren plc. To learn more about Taipan Resources, please visit their website: http://www.taipanresources.com/

About OTCQX

The OTCQX marketplace 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 www.otcqx.com .

Note to Investors

# # #

At Merriman:

Douglas Rogers

Managing Director

Merriman Capital, Inc.

[phone]

Howard Bernstein

Chief Compliance Officer

Merriman Capital, Inc

[phone]

This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.

The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Merriman Holdings Inc. via Globenewswire

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