Meadow Bay Gold Corporation Joins OTCQX

NEW YORK, Aug. 19, 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, announced that Meadow Bay Gold Corporation (OTCQX: MAYGF; TSX.V: MAY), a Canadian mining and exploration company, is now trading on the highest tier of the OTC market, OTCQX®.

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Meadow Bay Gold 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.

"The OTCQX platform offers investor-focused companies a winning combination of quality control, transparency, and broader visibility to U.S. investors," said R. Cromwell Coulson, President and Chief Executive Officer of OTC Markets Group. "We are pleased to welcome Meadow Bay Gold to OTCQX."

Berenbaum Weinshienk PC will serve as Meadow Bay Gold's Principal American Liaison ("PAL") on OTCQX, responsible for providing guidance on OTCQX requirements and U.S. securities laws.

About Meadow Bay Gold Corporation

Meadow Bay Gold Corporation (OTCQX: MAYGF; TSX.V: MAY) trades in the United States on OTCQX under the symbol "MAYGF."  Meadow Bay Gold is a mining and exploration company that has acquired Desert Hawk Gold which has three gold projects in Nevada including an option on the former producing Atlanta Gold and Silver Mine, the Colorback Gold Project and the Spruce Mountain Molybdenum, Copper, Silver Project.

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.  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.

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SOURCE OTC Markets Group Inc.

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