Tosca Mining Corp to Commence Trading on the United States OTCQX on Friday May 20, 2011
May 20 2011 - 9:00AM
Business Wire
Tosca Mining Corp. (‘Tosca ’ or the ‘Company’)(Pink Sheets:
TSMNF) announces that its shares will begin trading on the OTCQX on
Friday, May 20, 2011. OTCQX securities are quoted on the OTC Link
platform, the third largest U.S. equity trading venue, after the
NASDAQ and NYSE. U.S. investors will be able to find the Company’s
current financial disclosures, news releases, and real-time level 2
quotes on www.OTCQX.com and www.OTCMarkets.com.
Ron Shenton, President of Tosca Mining explained, “With US
investor interest in our Red Hills Copper/Moly project located in
Presidio County, Texas, an OTCQX presence provides Tosca with a
cost-effective method of accessing US capital markets while
allowing current a potential shareholders better access to our
company. We would like to thank Merriman Capital, Inc. for guiding
Tosca Mining through the upgrade process.”
About the OTCQX
The OTCQX is the most prestigious of the three OTC tiers and is
recognized as a quality-controlled marketplace for
investor-friendly companies. The OTC market is the world’s largest
electronic marketplace for broker-dealers to trade over 10,000
unlisted securities. In 2010, securities on the OTC platform traded
over $144 billion in dollar volume.
Tosca Mining Corp. has engaged the services of Merriman Capital,
Inc., a wholly-owned subsidiary of Merriman Holdings, Inc. (NASDAQ:
MERR), a financial services firm based in San Francisco focused on
fast-growing companies and their institutional investors, to serve
as the Company’s Principal American Liaison (“PAL”) on OTCQX,
responsible for providing guidance on OTCQX requirements. Merriman
Capital, Inc. is a member of FINRA and SIPC.
Tosca Mining Corp.
Tosca Mining is focused on exploration and development of mining
properties in North and South America. The Company’s goal is to
acquire properties that are advanced and can be brought to the
development stage within a short time frame. The Company relies on
its directors' expertise and previous successes in exploration and
mine development. The headquarters of the company is located in
Vancouver, Canada, and its wholly-owned subsidiary, Red Hills
Mining Corp., is located in Marfa, Texas.
Please visit Tosca Mining’s website – www.toscamining.com for
additional information.
Neither 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.
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