Ximen Mining Begins Trading on OTCQX®
PR Newswire
NEW YORK, May 28, 2014
NEW YORK , May 28, 2014 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of Open, Transparent and Connected financial marketplaces, today announced that Ximen Mining Corp . (TSX-V: XIM; OTCQX: XXMMF), a Canadian mining company, has been approved to trade on OTCQX®, the best marketplace with qualified companies.
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Ximen Mining begins trading today on OTCQX under the symbol "XXMMF." U.S. investors can find current financial disclosures and Real-Time Level 2 quotes for the company on www.otcmarkets.com .
"We are pleased to welcome Ximen Mining to OTCQX," said R. Cromwell Coulson , President and CEO of OTC Markets Group. "Trading on OTCQX will enable Ximen to leverage its existing Canadian disclosure to broaden its exposure to U.S. investors. We look forward to working with Ximen as the company expands its visibility in the U.S. market."
"Trading on OTCQX is a positive step forward in expanding the points of access to our U.S. investors," says Christopher R. Anderson , CEO, President and Directory of Ximen Mining Corp. "With this new access, Ximen is excited to increase our U.S. market visibility as we become actively engaged in our work programs on our precious metal assets in Southern BC."
Merriman Capital, Inc. serves as Ximen Mining's Principal American Liaison ("PAL") on OTCQX, responsible for providing professional guidance on OTCQX requirements.
Ximen Mining owns 100% interest in its two projects, Gold Drop Project and Brett Gold Project located in southern British Columbia . Recently the company has entered into a due diligence agreement with Huldra Silver Inc. for the purposes of determining the feasibility, terms and conditions of a proposal for the acquisition of Huldra Silver.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates Open, Transparent and Connected financial marketplaces for 10,000 U.S. and global securities. Through our OTC Link® ATS, we directly link a diverse network of broker-dealers that provide liquidity and execution services for a wide spectrum of securities. We organize these securities into marketplaces to better inform investors of opportunities and risks – OTCQX®, The Best Marketplace; OTCQB®, The Venture Stage Marketplace; and OTC Pink®, The Open Marketplace. Our data-driven platform enables investors to easily trade through the broker of their choice at the best possible price and empowers a broad range of companies to improve the quality and availability of information for their investors. To learn more about how we create better informed and more efficient financial marketplaces, visit www.otcmarkets.com .
OTC Link ATS is operated by OTC Link LLC, member FINRA/SIPC and SEC regulated ATS.
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