SUNRIDGE GOLD JOINS THE OTCQX
Aug 22, 2011
OTC Disclosure News Service
Vancouver, BC, Canada –
Sunridge Gold Corp. (SGC:TSX.V/SGCNF:OTCQX) is pleased to announce that Sunridge has commenced trading on the OTCQX under the symbol SGCNF. OTCQX International is the premium tier of the U.S. Over-the-Counter (OTC) marketplace which gives non-U.S. companies access to U.S. investors, without the duplicative regulatory costs required of listing on a traditional U.S. exchange.
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 OTCQX is reserved for international companies listed on a qualified stock exchange in their home country. OTCQX International provides easy access to U.S. investors and the ability for a company to diversify their shareholder base.
OTCQX separates out the credible companies from the large number of economically distressed and questionable companies that trade OTC. Companies that join OTCQX demonstrate their commitment to providing superior information to investors and maintaining the highest quality standards.
OTCQX is fully electronic and gives investors access through all major online and full-service brokerage firms in the U.S., including Schwab, E*TRADE, Scottrade, TD Ameritrade, and Fidelity. Trades are settled and cleared in the U.S. similar to any NASDAQ or NYSE stock, and trade reports are disseminated through Yahoo, Bloomberg, Reuters, and most other financial data providers.
In addition, investors can view a full Real-Time Level 2 Quote Montage for all OTCQX companies for free on www.otcmarkets.com and www.otcqx.com, allowing them the opportunity to see the full market-depth of their stock.
Sunridge is a mineral exploration and development company focused on the acquisition, exploration, discovery and development of base and precious metal projects on the Asmara Project in Eritrea and exploration properties in Madagascar. Sunridge currently has approximately 117 million shares outstanding and approximately $16 million in cash. Sunridge trades on the TSX Venture Exchange under the symbol SGC and OTCQX under the symbol SGCNF. For additional information on the Company and its projects please view the slide show on our website at www.sunridgegold.com or call Greg Davis at the number listed below.
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.