NEW YORK, May 1, 2012 /PRNewswire/ — OTC Markets Group Inc. (OTCM.PK), the company that operates the world’s largest electronic marketplace for OTC-traded equities, today announced that Teras Resources Inc. (OTCQX: TRARF; TSX.V: TRA), a junior mining exploration development company, is now trading on the highest tier of the OTC market, OTCQX®.
Teras Resources began trading today on the OTC market’s prestigious tier, OTCQX International. Investors can find current financial disclosures and Real-Time Level 2 quotes for the Company on www.otcmarkets.com.
“OTCQX companies demonstrate their commitment to providing superior information to investors and maintaining the highest quality standards,” said R. Cromwell Coulson, President and Chief Executive Officer of OTC Markets Group. “We are pleased to welcome Teras Resources to OTCQX.”
Berenbaum Weinshienk PC will serve as Teras Resources’ Principal American Liaison (“PAL”) on OTCQX, responsible for providing guidance on OTCQX requirements and U.S. securities laws.
About Teras Resources Inc.
Teras Resources Inc. (OTCQX: TRARF; TSX.V: TRA) trades in the United States on OTCQX under the symbol “TRARF”, in Canada on the TSX Venture Exchange under the symbol “TRA”. Teras Resources Inc is a junior mining exploration development company headquartered in Calgary, Canada, focused on the creation of exceptional shareholder value through applying advanced geology, geochemistry and geophysics to explore and develop high-quality gold and base metal properties in known producing areas of North America.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCM.PK) operates the world’s largest OTC marketplace for equity securities. Our OTC Link® trading system delivers price transparency in over 10,000 securities and enables direct interaction between broker-dealers that provide liquidity and execution services. We organize the wide spectrum of OTC-traded equity securities into three marketplaces to inform investors of opportunities and risks – OTCQX – The Intelligent Marketplace for the Best OTC Companies; OTCQB® – The Venture Marketplace; and OTC Pink® – The Open Marketplace. Our information-driven platform makes it easy for investors to trade at the best price through the broker of their choice and empowers companies to build the best markets for their investors. To learn more about our Open, Transparent, and Connected marketplace, visit www.otcmarkets.com.