Virginia Energy Commences Trading on OTCQX
|Dec 24, 2012 ||
Virginia Energy Resources Inc. (TSX.V: VUI; OTCQX: VEGYF) ("Virginia" or the "Company") is pleased to announce that it has commenced trading today on OTCQX International, a segment of the OTCQX marketplace reserved for high-quality non-U.S. companies listed on a qualified stock exchange in their home country. U.S. investors can find current financial disclosures and Real-Time Level 2 quotes for the company on www.otcmarkets.com.
"OTCQX companies demonstrate their commitment to providing superior information to investors and maintaining the highest quality standards," said R. Cromwell Coulson, President and CEO of OTC Markets Group. "We are pleased Virginia Energy Resources has chosen to join the other elite companies trading on OTCQX."
"We are proud to join OTCQX, the highest OTC marketplace," said Walter Coles Jr., Executive Vice President of Virginia Energy Resources. "We are committed to providing our U.S. investors with timely news and information to help them better analyze, value and trade our securities."
Clarkson Capital Markets will serve as Virginia Energy Resources' Principal American Liaison ("PAL") on OTCQX, responsible for sponsoring qualified companies and providing professional guidance on OTCQX requirements.
About Virginia Energy
Virginia Energy Resources Inc. is a uranium development and exploration company. The Company holds a 100% stake in the advanced stage Coles Hill uranium project in Virginia, USA. Additionally, the Company is pursuing an active uranium exploration program in the Otish Basin of Quebec.
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(r) 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 better inform investors of opportunities and risks - OTCQX(r) - The Intelligent Marketplace for the Best OTC Companies; OTCQB(r) - The Venture Marketplace; and OTC Pink(r) - The 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.
On Behalf of the Board of Directors of
VIRGINIA ENERGY RESOURCES INC.
Walter Coles Sr.
President & CEO
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.
For further information contact:
Walter Coles, Jr., Executive Vice President or Tony Perri - Investor Relations, Manager
Suite 611, 675 W. Hastings Street Vancouver, British Columbia, Canada V6B 1N2
Tel: (604) 669-4799 Website: www.virginiaenergyresources.com