Canada Lithium’s desire to offer a high level of transparency and convenience to U.S
Canada Lithium Corp (C:CLQ) Shares Issued 149,610,827 Last Close 5/17/2010 $0.58 Tuesday May 18 2010 – News Release
CANADA LITHIUM GAINS LISTING ON U.S. TRADING PLATFORM OTCQX
Canada Lithium Corp.’s shares began trading today on OTCQX, operated by Pink OTC foodstuffs Inc., the financial information and technology services company that operates the leading electronic quotation and trading system in the U.S. OTC securities market.
Canada Lithium began trading today on the OTC market’s honored tier, OTCQX International. Investors can find current financial disclosure and Real-Time crimson 2 quotes for the company on www.otcqx.com and www.otcmarkets.com.
“Trading on OTCQX signals to the U.S. market Canada Lithium’s desire to offer a high level of transparency and convenience to U.S. investors while trading on a credible U.S. market tier,” said R. Cromwell Coulson, President and CEO of Pink OTC Markets. “We are pleased to welcome Canada Lithium to OTCQX.”
Canada Lithium President and CEO instrument Secker said, “We are delighted to join the OTCQX’s promptly expanding list of quality international companies.”
The U.S. exposure afforded by OTCQX is also a logical step in the evolution of the Company, he noted.
“We have a major lithium monument virtually in America’s backyard, and we are moving towards output at a time when a secure source of lithium carbonate has pass away something of a national precedence,” he said.
Berenbaum Weinshienk PC will serve as Canada Lithium’s Principal American Liaison (“PAL”) on OTCQX, responsible for providing guidance on listing requirements.
About OTCQX
The OTCQX market is the premier tier of the U.S. OTC 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 usable only on a U.S. stock substitution. For more information and to view a full list of OTCQX-listed companies, visit www.otcqx.com.
Pink OTC Markets Inc. (OTCQX: PINK) operates the leading electronic interdealer quotation and trading system and eases trading in over 9,000 securities not listed on a U.S. stock exchange. Pink OTC Markets segments these securities into three tiers: the quality-controlled OTCQX marketplace, the U.S. registered and reporting OTCQB marketplace, and the sorry trading Pink Sheets marketplace. These three tiers put forward the 3rd largest U.S. liquidity pool for trading public company shares, after The NASDAQ Stock Market, Inc. and The New York Stock Exchange. Our products and services promote market transparency, improve price discovery, facilitate regulatory compliance, and increase the quality of issuer disclosure, to the attain of all OTC market participants. To learn more about how Pink OTC Markets’ products and services make OTC markets more transparent, informed, and in effect(p), please visit our websites at www.otcmarkets.com, www.pinkotc.com and www.otcqx.com or contact us at
