Northern Iron Corp. Joins OTCQX
NEW YORK – November 11, 2011 – OTC Markets Group Inc. (OTCQX: OTCM), the company that operates the world’s largest electronic marketplace for broker-dealers to trade unlisted stocks, today announced that Northern Iron Corp. (OTCQX: NHRIF; TSXV: NFE), a mineral resource company, is now trading on the OTC market’s highest tier, OTCQX®.
Northern Iron began trading today on the OTC market’s premier tier, OTCQX International. Investors can find current financial disclosure and Real-Time Level 2 quotes for the Company on www.otcmarkets.com.
“The OTCQX platform supports a transparent marketplace with high quality issuers, financial information disclosure and efficient trading for U.S. investors,” said R. Cromwell Coulson, President and Chief Executive Officer of OTC Markets Group. “We are pleased to welcome Northern Iron to OTCQX.”
Merriman Capital, Inc. will serve as Northern Iron’s Principal American Liaison (“PAL”) on OTCQX, responsible for providing guidance on OTCQX requirements.
About Northern Iron Corp.
Northern Iron Corp. (OTCQX: NHRIF; TSXV: NFE) trades in the United States on OTCQX under the symbol “NHRIF” and on the TSX Venture Exchange under the symbol “NFE”. Northern Iron is a mineral resource company engaged in reviving a past producing iron mine and concurrent exploration of high quality iron or resources in the Red Lake mining division, district of Kenora, Ontario, Canada.
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 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.
Grace Keith, OTC Markets Group Inc., +1 (212) 896-4428, firstname.lastname@example.org