Sirius Exploration Plc Joins OTCQX
Poster: SySAdmin
Posted on March 1, 2010 at 10:58:46 AM
Sirius Exploration Plc Joins OTCQX
NEW YORK, March 1 -- Pink OTC Markets Inc. (Pink Sheets: PINK), the leading electronic inter-dealer quotation system, trading technology and financial information provider for Over-the-Counter (OTC) securities, today announced that Sirius Exploration Plc (OTCQX: SRUXY, LSE: SXX), a British mining and exploration company focused on salt and potash deposits in North America and Australia, has chosen to list its American Depositary Receipts (ADRs) on OTCQX®. Sirius's ADRs were previously trading on the Pink Sheets market tier of the U.S. OTC market.
(Logo: http://www.newscom.com/cgi-bin/prnh/20090708/NY43125LOGO )
Trading of Sirius Exploration's ADRs on the OTC market's prestigious tier, OTCQX International, began today. Investors can find current financial disclosure and real-time Level 2 quotes for the company on http://www.otcqx.com and http://www.otcmarkets.com.
"We are pleased to welcome Sirius Exploration to OTCQX," said R. Cromwell Coulson, President and CEO of Pink OTC Markets. "Companies like Sirius Exploration use the quality controlled OTCQX listing platform to offer investors transparent trading, superior information, and easy access through their U.S. regulated broker-dealers."
Deutsche Bank, which acts as Depositary for Sirius Exploration's ADR program, will serve as Sirius Exploration's Principal American Liaison ("PAL") on OTCQX, responsible for providing guidance on listing requirements.
About Sirius Exploration Plc
(OTCQX: SRUXY, LSE: SXX) Sirius Exploration Plc is focused on commercializing properties that sit over known salt and potash deposits through a combination of mining and developing energy and CO2 storage related projects for its properties. The Company's operations include interests in properties that overlie significant salt and potash deposits in North American and Australia.
To this end, Sirius has acquired the Intellectual Property and the issued share capital of three research and development companies focused on innovative new technologies for developing its properties post the mining phase. These technologies cover storing CO2 in the salt caverns created through solution mining, approaches for safely sequestering CO2 in underground salt beds, and the development of new CO2 based Compressed Air Energy Storage facilities for generating electricity.
Sirius also continues, for the time being, to maintain its historic copper and gold interests in Macedonia and iron ore interest in China via its equity position in a CIC Mining Resources Ltd vehicle.
Incorporated in October 2003 as a private company, Sirius Exploration subsequently re-registered as a public company on 22 March 2005 when it was admitted to AIM. The Company's shares are additionally traded in North America as American Depository Receipts "ADR's" on OTCQX, the premier tier of the U.S. OTC market. For more about Sirius Exploration, visit http://www.siriusexploration.com/.
About OTCQX
The OTCQX marketplace is the premier tier of the U.S. Over-the-Counter market. Investor-focused companies use the quality controlled OTCQX listing 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. exchange. For more about OTCQX, visit http://www.otcqx.com.
About Pink OTC Markets Inc.
Pink OTC Markets Inc. (Pink Sheets: PINK) is a financial information and technology services company that operates the leading electronic quotation and trading system in the Over-the-Counter, or OTC, securities market. The OTCQX and Pink Sheets® marketplaces that we operate constitute, by dollar volume, the third largest U.S. liquidity pool for trading public company shares, after The NASDAQ Stock Market, Inc. and The New York Stock Exchange. Our technology platform provides a comprehensive suite of information products and trading services for OTC market participants. Our products and services promote market transparency, improve price discovery, facilitate regulatory compliance, and increase the quality of issuer disclosure, to the benefit of all OTC market participants. To learn more about how Pink OTC Markets' products and services make the OTC marketplace more transparent, informed, and efficient, please visit our websites at http://www.pinkotc.com, http://www.otcmarkets.com and http://www.otcqx.com or contact us at info@pinkotc.com.
Pink OTC Markets is headquartered in New York City.
Subscribe to the OTCQX RSS Feed
Photo: http://www.newscom.com/cgi-bin/prnh/20090708/NY43125LOGO
Source: Pink OTC Markets Inc.
CONTACT: Matthew Sheldon, CCG Investor Relations, +1-310-954-1346,
Matthew.Sheldon@ccgir.com
Web Site: http://www.otcmarkets.com/
NEW YORK, March 1 -- Pink OTC Markets Inc. (Pink Sheets: PINK), the leading electronic inter-dealer quotation system, trading technology and financial information provider for Over-the-Counter (OTC) securities, today announced that Sirius Exploration Plc (OTCQX: SRUXY, LSE: SXX), a British mining and exploration company focused on salt and potash deposits in North America and Australia, has chosen to list its American Depositary Receipts (ADRs) on OTCQX®. Sirius's ADRs were previously trading on the Pink Sheets market tier of the U.S. OTC market.
(Logo: http://www.newscom.com/cgi-bin/prnh/20090708/NY43125LOGO )
Trading of Sirius Exploration's ADRs on the OTC market's prestigious tier, OTCQX International, began today. Investors can find current financial disclosure and real-time Level 2 quotes for the company on http://www.otcqx.com and http://www.otcmarkets.com.
"We are pleased to welcome Sirius Exploration to OTCQX," said R. Cromwell Coulson, President and CEO of Pink OTC Markets. "Companies like Sirius Exploration use the quality controlled OTCQX listing platform to offer investors transparent trading, superior information, and easy access through their U.S. regulated broker-dealers."
Deutsche Bank, which acts as Depositary for Sirius Exploration's ADR program, will serve as Sirius Exploration's Principal American Liaison ("PAL") on OTCQX, responsible for providing guidance on listing requirements.
About Sirius Exploration Plc
(OTCQX: SRUXY, LSE: SXX) Sirius Exploration Plc is focused on commercializing properties that sit over known salt and potash deposits through a combination of mining and developing energy and CO2 storage related projects for its properties. The Company's operations include interests in properties that overlie significant salt and potash deposits in North American and Australia.
To this end, Sirius has acquired the Intellectual Property and the issued share capital of three research and development companies focused on innovative new technologies for developing its properties post the mining phase. These technologies cover storing CO2 in the salt caverns created through solution mining, approaches for safely sequestering CO2 in underground salt beds, and the development of new CO2 based Compressed Air Energy Storage facilities for generating electricity.
Sirius also continues, for the time being, to maintain its historic copper and gold interests in Macedonia and iron ore interest in China via its equity position in a CIC Mining Resources Ltd vehicle.
Incorporated in October 2003 as a private company, Sirius Exploration subsequently re-registered as a public company on 22 March 2005 when it was admitted to AIM. The Company's shares are additionally traded in North America as American Depository Receipts "ADR's" on OTCQX, the premier tier of the U.S. OTC market. For more about Sirius Exploration, visit http://www.siriusexploration.com/.
About OTCQX
The OTCQX marketplace is the premier tier of the U.S. Over-the-Counter market. Investor-focused companies use the quality controlled OTCQX listing 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. exchange. For more about OTCQX, visit http://www.otcqx.com.
About Pink OTC Markets Inc.
Pink OTC Markets Inc. (Pink Sheets: PINK) is a financial information and technology services company that operates the leading electronic quotation and trading system in the Over-the-Counter, or OTC, securities market. The OTCQX and Pink Sheets® marketplaces that we operate constitute, by dollar volume, the third largest U.S. liquidity pool for trading public company shares, after The NASDAQ Stock Market, Inc. and The New York Stock Exchange. Our technology platform provides a comprehensive suite of information products and trading services for OTC market participants. Our products and services promote market transparency, improve price discovery, facilitate regulatory compliance, and increase the quality of issuer disclosure, to the benefit of all OTC market participants. To learn more about how Pink OTC Markets' products and services make the OTC marketplace more transparent, informed, and efficient, please visit our websites at http://www.pinkotc.com, http://www.otcmarkets.com and http://www.otcqx.com or contact us at info@pinkotc.com.
Pink OTC Markets is headquartered in New York City.
Subscribe to the OTCQX RSS Feed
Photo: http://www.newscom.com/cgi-bin/prnh/20090708/NY43125LOGO
Source: Pink OTC Markets Inc.
CONTACT: Matthew Sheldon, CCG Investor Relations, +1-310-954-1346,
Matthew.Sheldon@ccgir.com
Web Site: http://www.otcmarkets.com/