Continental Coal Ltd. Joins OTCQX

NEW YORK, May 12, 2011 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), the financial information and technology services company that provides the world's largest electronic marketplace for broker-dealers to trade unlisted stocks, today announced that Continental Coal Ltd. (ASX: CCC; OTCQX: CGFAY), a company engaged in the exploration and development of coal properties primarily in South Africa, has chosen to have its American Depositary Receipts (ADRs) traded on the highest tier of the OTC market, OTCQX®.

(Logo: http://photos.prnewswire.com/prnh/20110118/MM31963LOGO)

Continental Coal 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 www.otcqx.com and www.otcmarkets.com.

"OTCQX provides the highest level of visibility and access to U.S. investors possible in the OTC marketplace," said R. Cromwell Coulson, President and Chief Executive Officer of OTC Markets Group. "We are pleased to welcome Continental Coal to OTCQX."

Madison Williams and Company will serve as Continental Coal's Principal American Liaison ("PAL") on OTCQX, responsible for providing guidance on OTCQX requirements.

About Continental Coal Ltd.

Continental Coal Ltd. (ASX: CCC; OTCQX: CGFAY) trades in the United States on OTCQX under the symbol "CGFAY", where each ADR represents 40 ordinary shares. Continental Coal Limited engages in the exploration and development of coal properties primarily in South African coal mining regions. The company was formerly known as Continental Capital Limited and changed its name to Continental Coal Limited in July 2009. Continental Coal Limited is based in West Perth, Australia.

About OTC Markets Group Inc.

OTC Markets Group Inc. (OTCQX: OTCM) operates the world's largest electronic marketplace for broker-dealers to trade unlisted stocks. Our OTC Link™ platform supports an open network of competing broker-dealers that provide investors with the best prices in over 10,000 OTC securities. In 2010, securities on OTC Link traded over $144 billion in dollar volume, making it the third largest U.S. equity trading venue after NASDAQ and the New York Stock Exchange. We categorize the wide spectrum of OTC-traded companies into three tiers -- OTCQX (the quality-controlled marketplace for investor friendly companies), OTCQB® (the U.S. reporting company marketplace for development stage companies), and OTC Pink™ (the speculative trading marketplace) -- so investors can identify the level and quality of information companies provide. To learn more about how OTC Markets Group makes the unlisted markets more transparent, informed, and efficient, visit www.otcmarkets.com.

Subscribe to the OTCQX RSS Feed

SOURCE OTC Markets Group Inc.

Copyright 2011 PR Newswire