Texas Rare Earth Resources Corp. Joins OTCQX
NEW YORK, Feb. 13, 2012 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), the company that operates the world's largest electronic marketplace for broker-dealers to trade unlisted stocks, today announced that Texas Rare Earth Resources Corp. (OTCQX: TRER), a mining company, is now trading on the OTC market's highest tier, OTCQX((R)).
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Texas Rare Earth began trading today on the OTC market's prestigious tier, OTCQX U.S. Premier. Investors can find current financial disclosure and Real-Time Level 2 quotes for the Company on www.otcmarkets.com.
'OTCQX provides services to companies which enable them to communicate with and engage their investors, while providing them with transparent trading and easy access to company information,' said R. Cromwell Coulson, President and Chief Executive Officer of OTC Markets Group. 'We are pleased to welcome Texas Rare Earth to OTCQX.'
Dorsey & Whitney LLP will serve as Texas Rare Earth's Designated Advisor for Disclosure ('DAD') on OTCQX, responsible for providing guidance on OTCQX requirements.
About Texas Rare Earth Resources Corp.
Texas Rare Earth Resources Corp. (OTCQX: TRER) trades in the United States on OTCQX under the symbol 'TRER'. The Company is a mining company engaged in the business of the acquisition, exploration and development of mineral properties. The Company currently holds a twenty year lease to explore and develop an 860 acre rare earth prospect located in Hudspeth County, Texas known as 'Round Top' and prospecting permits covering an adjacent 9,670 acres.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates the world's largest OTC marketplace for equity securities. Our OTC Link trading system delivers price transparency in over 10,000 securities and enables direct interaction between broker-dealers that provide liquidity and execution services. We organize the marketplace by categorizing the wide spectrum of OTC-traded companies into three tiers: OTCQX - The Intelligent Marketplace for the Best OTC Companies; OTCQB - The Venture Marketplace; and OTC Pink - The Open Marketplace. Our information-driven platform makes it easy for investors to trade at the best price through the broker of their choice and empowers companies to build the best markets for their investors. To learn more about our Open, Transparent, and Connected marketplace, visit www.otcmarkets.com.
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CONTACT: Grace Keith, OTC Markets Group Inc., +1-212-896-4428,
grace@otcmarkets.com
Web site: http://www.otcmarkets.com/