Inter-Citic Minerals Inc. is a gold exploration and development firm with a focus on China, the world’s largest gold producing country. In particular, the company is advancing its Dachang Gold Project, one of China’s largest undeveloped open-pit gold resources. It is doing so in conjunction with its biggest shareholder – China’s largest gold producer, Zijin Mining.
The company announced that its shares started trading today on the over-the-counter market’s highest tier, the OTCQX, under the symbol ICMTF. The OTCQX is the most prestigious of the three tiers of the over-the-counter market. It is recognized as a quality-controlled marketplace in the United States for investor-friendly companies.
Companies that join the OTCQX demonstrate their commitment to providing superior information to investors and maintaining the highest quality standards. In 2010, securities on the OTC platform traded over $144 billion in dollar volume, making it the third largest US trading venue after the New York Stock Exchange and NASDAQ.
Inter-Citic Minerals, which is already listed on the Toronto exchange, made this move so its growing number of US investors will have easier access to the stock as well as greater transparency. The company’s president and CEO, James Moore, said, “We fully expect this upgrade will help liquidity and share price for our investors both in the US and in Canada.”
For more information on Inter-Citic Minerals, please visit its website at www.inter-citic.com
About QualityStocks:
QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. We offer several ways for investors to learn more about investing in these companies as well as find and evaluate them.
Sign up for “The QualityStocks Daily Newsletter” at www.QualityStocks.net
The Quality Stocks Daily Blog http://blog.qualitystocks.net
The Quality Stocks Daily Videos http://videocharts.qualitystocks.net
The Quality Stocks “Ones to Watch” http://Gotstocks.QualityStocks.net
Please see disclaimer on QualityStocks website: http://disclaimer.qualitystocks.net
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment