Crocodile Gold Corp. Joins OTCQX

NEW YORK, Feb. 9  /PRNewswire-FirstCall/ -- Pink OTC Markets Inc. (Pink Sheets: PINK), the leading electronic inter-dealer quotation system, trading technology and financial information provider for Over-the-Counter (OTC) securities, today announced that Crocodile Gold Corp. (OTCQX: CROCF, TSX: CRK, Frankfurt: XGC), a Canadian-based gold company, is now trading on OTCQX®.

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Trading on the highest tier of the U.S. OTC market, OTCQX companies are distinguished from the thousands of other OTC-traded companies. Several of the world's largest companies by market capitalization are currently trading on OTCQX.

"OTCQX provides Crocodile Gold with the highest level of visibility and access to U.S. investors possible in the Over-the-Counter Market," said R. Cromwell Coulson, President and CEO of Pink OTC Markets. "We are pleased to welcome Crocodile Gold Corp. to OTCQX."

Crocodile Gold Corp. began trading today on the OTC market's prestigious tier, OTCQX International. Investors can find current financial disclosure and real-time Level 2 quotes for the company on http://www.otcqx.com/ and http://www.otcmarkets.com/.

Mike Hoffman, President and CEO of Crocodile Gold Corp. commented, "OTCQX will provide us with the opportunity to expand our investor base and increase international liquidity. In addition, it will provide a transparent platform for investors to access Crocodile Gold's expanding market and provide an opportunity for Crocodile Gold to increase international awareness of our Company and our progress as we advance our projects in the Northern Territory of Australia."

Hodgson Russ LLP, will serve as Crocodile Gold's Principal American Liaison ("PAL") on OTCQX, responsible for providing guidance on listing requirements.

About Crocodile Gold Corp.

Crocodile Gold is a Canadian company that has completed the acquisition of recent past producing gold assets in the Northern Territory of Australia. The assets comprise an area greater than 3,500 square kilometres and are located approximately 90 to 285 kilometres south of the capital city, Darwin, and include the Burnside Project, Tom's Gully Project and Maud Creek Project. The property contains 3.09 million ounces of NI 43-101 compliant measured and indicated resources (42.9 million tonnes at an average grade of 2.3 g/t gold), and 1.94 million ounces of inferred resources (26.7 million tonnes at an average grade of 2.3 g/t gold) (See Management Information Circular dated October 5, 2009 and Crocodile Gold Press Releases dated September 8, 2009 and January 25, 2010). The Burnside Project includes the Brocks Creek underground mine, the Howley open pit mine and several additional deposits along the Cosmo/Howley corridor, including the undeveloped Cosmo underground deposit. The Tom's Gully Project includes the Tom's Gully underground mine and the former Mt Bundy (Rustler's Roost) Mine. Crocodile Gold owns the 8,000 tpd Union Reefs mill and the 800 tpd Tom's Gully mill. Crocodile Gold trades under the symbol CRK on the Toronto Stock Exchange, XGC on the Frankfurt Exchange and CROCF on OTCQX as of February 9, 2010.

About OTCQX

The OTCQX marketplace is the premier tier of the U.S. Over-the-Counter market. Investor-focused companies use the quality controlled OTCQX listing platform to offer investors transparent trading, superior information, and easy access through their regulated U.S. broker-dealers. The innovative OTCQX platform offers companies and their shareholders a level of marketplace services formerly available only on a U.S. exchange. For more about OTCQX, visit http://www.otcqx.com/.

About Pink OTC Markets Inc.

Pink OTC Markets Inc. (Pink Sheets: PINK) is a financial information and technology services company that operates the leading electronic quotation and trading system in the Over-the-Counter, or OTC, securities market. The OTCQX and Pink Sheets® marketplaces that we operate constitute, by dollar volume, the third largest U.S. liquidity pool for trading public company shares, after The NASDAQ Stock Market, Inc. and The New York Stock Exchange. Our technology platform provides a comprehensive suite of information products and trading services for OTC market participants. Our products and services promote market transparency, improve price discovery, facilitate regulatory compliance, and increase the quality of issuer disclosure, to the benefit of all OTC market participants. To learn more about how Pink OTC Markets' products and services make OTC markets more transparent, informed, and efficient, please visit our websites at http://www.pinkotc.com/, http://www.otcmarkets.com/ and http://www.otcqx.com/ or contact us at .

Pink OTC Markets is headquartered in New York City.

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DATASOURCE: Pink OTC Markets Inc.



CONTACT:  Matthew Sheldon, CCG Investor Relations, [phone],





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