NEW YORK, Dec. 7, 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 unlisted stocks, announced that Southern Arc Minerals Inc. (OTCQX: SOACF; TSX.V: SA), a Canadian mineral exploration company, is now trading on the highest tier of the OTC market, OTCQX®.
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Southern Arc Minerals 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.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 Southern Arc to OTCQX."
Dorsey & Whitney LLP will serve as Southern Arc's Principal American Liaison ("PAL") on OTCQX, responsible for providing guidance on OTCQX requirements.
About Southern Arc Minerals Inc.
Southern Arc Minerals Inc. (OTCQX: SOACF; TSX.V: SA) trades in the United States on OTCQX under the symbol "SOACF", in Canada on the TSX Venture Exchange under the symbol "SA". Southern Arc Minerals Inc. is a Canadian mineral exploration company with an aggressive exploration, acquisition and growth strategy. The Company's portfolio includes four exploration projects with epithermal gold and gold-copper porphyry prospects on the Lombok and Sumbawa islands in Indonesia, three of which are being advanced in partnership with major mining companies Vale and Newcrest. The Company's key exploration property is its West Lombok project, with several gold-rich copper porphyry and epithermal gold vein prospects. More information is available at www.southernarcminerals.com or by emailing email@example.com.
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 intelligent marketplace), OTCQB® (the venture marketplace), and OTC Pink™ (the open 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.