Southern Arc Minerals Inc. Commences Trading on OTCQX
07.12.2011 | Marketwire
VANCOUVER, BRITISH COLUMBIA -- (Marketwire - Dec. 7, 2011) - Southern Arc Minerals Inc. (TSX VENTURE: SA) ("Southern Arc" or "the Company") is pleased to announce that its common shares will commence trading on the OTCQX International marketplace on December 7, 2011 under the symbol "SOACF". Southern Arc's common shares will continue to trade on the TSX Venture Exchange under the symbol "SA"."Trading on the OTCQX broadens our exposure in the United States and provides improved liquidity and transparency for Southern Arc's shareholders," said John Proust, Chairman & Chief Executive Officer of Southern Arc. "The OTCQX provides an efficient trading platform for U.S. investors and increased visibility for Southern Arc through the Standard & Poor's Market Access Program."
Dorsey & Whitney LLP will serve as Southern Arc's Principal American Liaison ("PAL") on OTCQX, providing guidance on OTCQX regulatory requirements.
About OTC Markets Group Inc.
OTC Markets Group Inc. (http://www.otcmarkets.com/stock/128054/quote) (OTCQX:OTCM) operates the world's largest electronic marketplace for broker-dealers to trade securities not listed on a U.S. stock exchange. OTCQX, the highest tier of the OTC marketplace, is fully electronic and gives investors access through all major online and full-service brokerage firms in the United States. More than 10,000 securities trade on the OTC platform with more than US$200 billion in annual trading volume and an aggregate market cap exceeding US$12 trillion. OTCQX is the premier tier of the OTC market, exclusively for companies that meet the highest financial standards and undergo a qualitative review. More information is available at www.otcmarkets.com.
About Standard & Poor's Market Access Program
Southern Arc's corporate information is available via Standard & Poor's Market Access Program, an information distribution service that enables subscribing publicly traded companies to have their company information disseminated to users of Standard & Poor's Advisor Insight. Standard & Poor's Advisor Insight is an internet-based research engine used by more than 80,000 investment advisors. A public version of the site is available at www.advisorinsight.com. Information about companies in Standard & Poor's Market Access Program is also available through S&P's Stock Guide database, which is distributed electronically to virtually all major quote vendors.
About Southern Arc
Southern Arc Minerals Inc. is a Canadian mineral exploration company with an aggressive exploration, acquisition and growth strategy. The Company's portfolio includes four exploration projects with epithermal gold and gold-copper porphyry prospects on the Lombok and Sumbawa islands in Indonesia, three of which are being advanced in partnership with major mining companies Vale and Newcrest. The Company's key exploration property is its West Lombok project, with several gold-rich copper porphyry and epithermal gold vein prospects. Southern Arc is listed on the TSX Venture Exchange under the symbol SA and on the OTCQX under the symbol SOACF. More information is available at www.southernarcminerals.com or by emailing info@southernarcminerals.com.
On behalf of the Board of Southern Arc Minerals Inc.
John Proust
Chairman & Chief Executive Officer
Neither the TSX Venture Exchange nor its Regulation Services Provider (as such term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contact Information
Southern Arc Minerals Inc.
Rhylin Bailie
Vice President, Communications & Investor Relations
604-676-5241
604-676-5246 (FAX)
info@southernarcminerals.com
www.southernarcminerals.com