Rm other than acting like a dog started to trade on the otc
posted on
Feb 11, 2010 01:53PM
Edit this title from the Fast Facts Section
TORONTO, ONTARIO--(Marketwire - Feb. 11, 2010) - Rodinia Minerals Inc. ("Rodinia" or the "Company") (TSX VENTURE:RM)(OTCQX:RDNAF) confirmed today that its common shares will commence trading on the Pink OTC Market's prestigious tier, OTCQX International under the symbol "RDNAF", effective at market open tomorrow February 11, 2010. Rodinia's common shares will also continue to trade on the TMX Venture Exchange in Toronto under the symbol "RM".
Trading on the highest tier of the U.S. OTC market, OTCQX companies are distinguished from the thousands of other OTC-traded companies. Several of the world's largest companies by market capitalization are currently trading on OTCQX.
"We are pleased to welcome Rodinia Minerals to OTCQX," said R. Cromwell Coulson, President and CEO of Pink OTC Markets. "Companies like Rodinia use the quality controlled OTCQX listing platform to offer investors transparent trading, superior information, and easy access through their U.S. regulated broker-dealers."
Rodinia Minerals Inc. 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.otcqx.com and www.otcmarkets.com.
"We are pleased to be able to better serve the growing number of U.S. investors following Rodinia with the enhanced U.S.-based trading platform offered by OTCQX and the advisory services offered by Hodgson Russ LLP," said Rodinia's President and CEO, David Stein. "OTCQX has earned a strong reputation for providing U.S. investors with improved liquidity, transparency, superior information, and easy access through their U.S. regulated broker-dealers."
Hodgson Russ LLP, will serve as Rodinia's Principal American Liaison ("PAL") on OTCQX regulatory matters, responsible for providing guidance on listing requirements.
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 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(R) 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 OTC markets more transparent, informed, and efficient, please visit our websites at www.pinkotc.com, www.pinksheets.com and 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: http://syndicate.pinksheets/com/syndicate/rssPinkNews.xml.
About Rodinia Minerals Inc.:
Rodinia Minerals Inc. is a Canadian mineral exploration company with a primary focus on lithium exploration and development in North and South America. The Company is positioned to capitalize on the expected increase in demand for lithium carbonate that is projected to result from the anticipated paradigm shift to mass adoption and use of key lithium applications like lithium-ion batteries as well as glass ceramics, greases, pharmaceuticals etc.
Rodinia is currently exploring its 100% owned, Clayton Valley project in Nevada, USA, which surrounds the only lithium-brine producer in North America, and is planning the exploration projects for its four salar projects in Argentina.
Please visit the Company's web site at www.rodiniaminerals.com or write us at info@rodiniaminerals.com.
Cautionary Notes
Except for statements of historical fact contained herein, the information in this press release constitutes "forward-looking information" within the meaning of Canadian securities law. Such forward-looking information may be identified by words such as "plans", "proposes", "estimates", "intends", "expects", "believes", "may", "will" and include without limitation, statements regarding the impact of the listing on the OTCQX, the potential of the Company's projects; the potential results and timetable for further exploration with respect to the Clayton Valley project, timetable for further exploration, analysis and development; and governmental approvals and regulation. There can be no assurance that such statements will prove to be accurate; actual results and future events could differ materially from such statements. Factors that could cause actual results to differ materially include, among others, metal prices, competition, financing risks, acquisition risks, risks inherent in the mining industry, and regulatory risks. Most of these factors are outside the control of the Company. Investors are cautioned not to put undue reliance on forward-looking information. Except as otherwise required by applicable securities statutes or regulation, the Company expressly disclaims any intent or obligation to update publicly forward-looking information, whether as a result of new information, future events or otherwise.
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
FOR FURTHER INFORMATION PLEASE CONTACT:
Rodinia Minerals Inc.
David Stein
President & CEO
+1 (416) 861-5812
Rodinia Minerals Inc.
Aaron Wolfe
Vice President, Corporate Development
+1 (416) 309-2696
info@rodiniaminerals.com
www.rodiniaminerals.com
Source: Rodinia Minerals Inc.