SAN FRANCISCO, Jan. 10, 2012 /PRNewswire/ -- Merriman Capital,
Inc., a wholly owned subsidiary of Merriman Holdings, Inc. (OTCQX:
MERR), today announced that it will serve as the Principal American
Liaison (PAL) for Pacific Potash Corporation (OTCQX: PPOTF; TSX-V:
PP; FSE: P9P) as it begins trading on OTCQX®.
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Pacific Potash engages in the exploration and development of
potash properties in Canada. The
Company announced today that it is now trading on the OTC market's
highest tier, OTCQX.
OTCQX distinguishes the best companies traded over-the-counter
(OTC) from more than 9,000 securities traded on the OTCBB and OTC
Link that are not required to meet any financial standards or
undergo a qualitative review.
Spencer Grimes, Head of Capital
Markets Services at Merriman Capital, stated: "We are pleased to
sponsor Pacific Potash as it starts trading on OTCQX. This is
an important step in the Company's outreach to U.S. investors."
Steve Khan, CEO and Director of
Pacific Potash Corporation stated: "We are very pleased to be able
to join OTCQX and bring additional exposure and liquidity to our
broadening investor base. Access and ease of execution by U.S.
investors is a very important part of our marketing strategy as
they seek to invest in unique investment opportunities such as
ours."
About Merriman Capital, Inc.
Merriman Capital, Inc. is an investment banking firm providing
equity and options execution services, market making, and
differentiated research for high growth companies. We also provide
capital raising, advisory, and M&A services. Merriman Capital,
Inc. is a wholly owned subsidiary of Merriman Holdings, Inc.
(OTCQX: MERR) and is the leading investment banking firm for OTCQX
companies. For more information, please go to
http://www.merrimanco.com/.
Merriman Capital, Inc. is a registered broker-dealer and member
of The Financial Industry Regulatory Authority (FINRA)
http://www.finra.org/ and the Securities Investor Protection
Corporation (SIPC) http://www.sipc.org/contact.cfm.
About Pacific Potash Corporation
Pacific Potash Corporation (TSX-V: PP; OTCQX: PPOTF; FSE: P9P)
is engaged in the exploration and development of the Provost Potash
Property and the surrounding potash claims located in the prolific
Prairie Evaporite Formation, which is host to multiple conventional
and solution potash mines. The Company is also actively looking to
acquire other prospective potash assets in North America.
About OTCQX
The OTCQX marketplace is the premier tier of the U.S. OTC
market. Investor-focused companies use the quality-controlled
OTCQX 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 available only on a U.S. stock exchange. For more
information and to view a full list of OTCQX companies, visit
www.otcqx.com.
Note to Investors
This press release contains certain forward-looking
statements based on our current expectations, forecasts and
assumptions that involve risks and uncertainties. This release does
not constitute an offer to sell or a solicitation of offers to buy
any securities of the Company. Forward-looking statements in this
release are based on information available to us as of the date
hereof. Our actual results may differ materially from those stated
or implied in such forward-looking statements, due to risks and
uncertainties associated with our business, which include the risk
factors disclosed in our Form 10-K/A filed on April 28, 2011 and our Form 10-Q filed on
November14, 2011. Forward-looking statements include statements
regarding our expectations, beliefs, intentions or strategies
regarding the future and can be identified by forward-looking words
such as "anticipate," "believe," "could," "estimate," "expect,"
"intend," "may," "should," and "would" or similar words. We assume
no obligation to update the information included in this press
release, whether as a result of new information, future events or
otherwise. The Form 10-K/A filed on April
28, 2011 and 10-Q filed on November
14, 2011, together with this press release and the financial
information contained herein, are available on our website,
www.merrimanco.com. Please click on "Investor Relations."
SOURCE Merriman Holdings, Inc.