NEW YORK, March 18, 2015 /PRNewswire/ -- OTC Markets
Group Inc. (OTCQX: OTCM), operator of Open, Transparent and
Connected financial marketplaces, today announced Pinnacle Bank
(OTCQX: PBNK), a full-service business bank serving Santa Clara, San
Benito and Monterey
counties in California, has
qualified to trade on OTCQX®, the best marketplace for established,
global and growth companies.
Logo -
http://photos.prnewswire.com/prnh/20110118/MM31963LOGO
Pinnacle Bank begins trading today on OTCQX under the symbol
"PBNK." U.S. investors can find current financial disclosure
and Real-Time Level 2 quotes for the company on
www.otcmarkets.com.
"We are pleased to welcome Pinnacle Bank to the growing family
of shareholder-friendly community and regional banks on OTCQX,"
said R. Cromwell Coulson, President
and CEO of OTC Markets Group. "Trading on our OTCQX Best
Marketplace will provide Pinnacle Bank's shareholders transparent
trading and convenient access to its news and financial disclosure
so they can more easily analyze, value and trade its
securities."
Pinnacle Bank's President and CEO Susan
K. Black said, "We are pleased that Pinnacle Bank has been
approved to trade on the OTCQX marketplace. The increased
visibility and transparency of being elevated to OTCQX is expected
to increase the liquidity of our shares and ultimately improve
shareholder value, consistent with our commitment to our
shareholders."
D.A. Davidson & Co., through
its division Crowell, Weedon & Co., serves as Pinnacle Bank's
Corporate Broker on OTCQX.
Pinnacle Bank is a full-service business bank dedicated to
providing quality depository and credit services in Santa Clara, San
Benito and Monterey
counties with a focus on commercial banking services for businesses
and nonprofit organizations, offering products and services that
combine the best of personal touch with convenient technology-based
delivery.
A About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates Open, Transparent
and Connected financial marketplaces for 10,000 U.S. and global
securities. Through our OTC Link® ATS, we directly link a
diverse network of broker-dealers that provide liquidity and
execution services for a wide spectrum of securities. We
organize these securities into marketplaces to inform investors of
opportunities and risks: the OTCQX® Best Marketplace; the OTCQB®
Venture Marketplace; and the OTC Pink® Open Marketplace. Our
data-driven platform enables investors to easily trade through the
broker of their choice at the best possible price and empowers a
broad range of companies to improve the quality and availability of
information for their investors. To learn more about how we
create better informed and more efficient financial marketplaces,
visit www.otcmarkets.com.
OTC Link ATS is operated by OTC Link LLC, member FINRA/SIPC and
SEC regulated ATS.
Subscribe to the OTC Markets RSS Feed
Media Contact:
Saskia
Sidenfaden, OTC Markets Group Inc., +1 (212) 896-4428,
saskia@otcmarkets.com
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/otc-markets-group-welcomes-pinnacle-bank-to-otcqx-300052129.html
SOURCE OTC Markets Group Inc.
