OTC Markets Group Inc. (OTCQX: OTCM), operator of Open, Transparent and Connected financial marketplaces, today announced the following companies are verified for trading on OTCQB®, the venture marketplace for entrepreneurial and development stage companies, effective December 12, 2014:
Contango ORE, Inc. (OTCQB: CTGO) – Contango ORE (“CORE”) has a strategy of exploring for gold, copper, silver,and other valuable minerals in Alaska and advancing its discoveries to the point that its properties become attractive to a larger integrated mining company for acquisition or joint venture. The company’s belief is that while grass roots exploration expenditures are inherently risky, the potential returns for its shareholders is maximized during the exploration phase by successfully discovering new resources of gold and other valuable minerals, and monetizing the assets once they are defined to a sufficient degree to sell them to a mining company better equipped to move them from exploration to production.
Contango is approved to continue trading on OTCQB.
Trinity Place Holdings Inc. (OTCQB: TPHS) – As the successor holding company for the real estate assets of the former Syms/Filene’s Basement retail apparel company, TPHS works to strategically sell, reposition and or redevelop its holdings. It has put together a strong, dynamic and growing executive team with decades of experience in all aspects of real estate development, finance, leasing, and asset management. Its board of directors consists of seasoned business leaders who have a great depth and diversity of experiences in real estate.
The company currently has 500,000 square feet in active management and/or under development. It invests in real estate and real estate related assets for which the company’s expertise can make a marked difference in the success of the asset. It sells, leases and develops properties and welcomes joint venture opportunities. It also hold the rights to valuable intellectual property such as the Filene’s Basement and Stanley Blacker brands as well as the famous Running of the Brides trademark.
Trinity Place Holdings is approved to continue trading on OTCQB.
Urban Barns Foods Inc. (OTCQB: URBF) – Urban Barns Foods is an innovative Canadian food producer dedicated to growing consistent, healthy, and fresh vegetables year round. Grown in a completely controlled environment, the company’s vegetables are grown from non-GMO seeds and free of pesticide, herbicide, and fungicide. Controlled environment means no contact with the outside world, eliminating the possibilities of contamination and infection. With careful consideration for food traceability, sustainability, and of course, taste, Urban Barns Foods’ produce is picked at the peak of ripeness, ensuring luscious plate ready food every time. The company redefines what it means to be truly local and fresh.
Urban Barns Foods upgraded to OTCQB from the OTC Pink™ marketplace.
U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.
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® 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®, The Best Marketplace; OTCQB®, The Venture Marketplace; and OTC Pink®, 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.
OTC Link ATS is operated by OTC Link LLC, member FINRA/SIPC and SEC regulated ATS.
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Media Contact:
Saskia Sidenfaden, OTC Markets Group Inc., +1 (212) 896-4428, saskia@otcmarkets.com