Business
Ximen Now Trading on OTCQX Marketplace
Ximen Now Trading on OTCQX Marketplace.
About this update from Merriman Holdings Inc
[{"type":"text","content":"\nVANCOUVER, British Columbia, May 28, 2014 (GLOBE NEWSWIRE) -- Ximen Mining Corp. (the \"Company\" or \"Ximen\") (TSX-V:XIM) (OTCQX:XXMMF) is pleased to announce that Merriman Capital Inc. will serve as our Principal American Liaison (PAL) as we begin trading on OTCQX®, the best marketplace for qualified companies. OTC Markets Group announced today that Ximen is now trading on OTCQX.\n\n\tOTCQX is the top marketplace of the U.S. OTC market. OTCQX traded companies are distinguished among the 10,000 securities traded OTC. These companies meet more stringent financial standards and undergo a qualitative review process. International companies on OTCQX must also be sponsored by a Principal American Liaison (\"PAL\"), a FINRA member investment bank, securities law firm or ADR bank, to serve as a liaison between the issuer and the U.S. market. The PAL can help the issuer communicate more effectively with the U.S. investment community by leveraging the PAL's resources and capital markets experience.\n\n\t\"We are very pleased to add Ximen Mining to our expanding universe of OTCQX companies,\" commented Douglas Rogers, Managing Director of Merriman's Capital Markets Advisory Group. \"Advising our clients on best practices regarding their material information and financial reporting requirements is a key component of our advisory platform at Merriman. We look forward to sponsoring and supporting the Ximen Mining management team in our capacity as their PAL to the OTCQX marketplace.\"\n\n\t\"Trading on OTCQX is a positive step forward in expanding the points of access to our U.S. investors,\" says Christopher R. Anderson, CEO, President and Directory of Ximen Mining Corp. \"With this new access, Ximen is excited to increase our U.S. market visibility as we become actively engaged in our work programs on our precious metal assets in Southern BC.\"\n\n\tAbout Merriman Capital, Inc.\n\n\tMerriman Capital, Inc. is a full service investment bank and Broker-Dealer that facilitates efficient capital formation through a proprietary digital network, and offers Capital Markets Advisory and comprehensive Corporate Brokerage services for public and private companies. The firm also provides equity and options execution services for sophisticated investors and differentiated research for high growth companies. Merriman Capital, Inc. is ...