El Nino Ventures Inc. Joins OTCQX
El Nino Ventures (PC) (USOTC:ELNOF)
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Today : Thursday 15 September 2011
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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 El Nino Ventures Inc. (OTCQX: ELNOF; TSX.V: ELN), a gold mining exploration company, is now trading on the highest tier of the OTC market, OTCQX®.
El Nino Ventures 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.
"The OTCQX platform offers investor-focused companies a winning combination of quality control, transparency, and broader visibility to U.S. investors," said R. Cromwell Coulson, President and Chief Executive Officer of OTC Markets Group. "We are pleased to welcome El Nino Ventures to OTCQX."
Berns & Berns, Counsellors at Law will serve as El Nino Ventures' Principal American Liaison ("PAL") on OTCQX, responsible for providing guidance on OTCQX requirements and U.S. securities laws.
About El Nino Ventures Inc.
El Nino Ventures Inc. (OTCQX: ELNOF; TSX.V: ELN) trades in Canada on TSX Venture under the symbol "ELN" and in the United States on OTCQX under the symbol "ELNOF". El Nino Ventures is an exploration company, focused on exploring for Copper/Cobalt in the Democratic Republic of Congo ("DRC"). In addition the Company had entered into an Option agreement with Votorantim and Xtrata Zinc whereby Votorantim, by incurring exploration expenditures of $10 million over a period of 5 years. Votorantim may further elect to increase its interest to 70% by spending another $10 million over an additional two years.
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.
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SOURCE OTC Markets Group Inc.