Coronado Commences Trading on OTCQX International in the United States and Provides Corporate Update
VANCOUVER, March 14, 2013 /PRNewswire/ – Coronado Resources Ltd. (TSX-V: CRD) and (OTCQX: CRDAF) is pleased to report that Coronado’s common shares have commenced
trading on the premier tier of the OTC market in the United States, the
OTCQX International under the trading symbol CRDAF. Burns Figa & Will,
PC will serve as Coronado’s Principal American Liaison on OTCQX
International, and will be responsible for providing guidance on OTCQX
requirements and compliance with U.S. securities laws.
The OTCQX platform is a highly visible electronic quotation and trading
venue in the United States where qualifying companies can enjoy the
benefits of increased international exposure without becoming a
reporting company with the Securities & Exchange Commission under U.S.
securities laws. Trading on the OTCQX International is available to
international issuers such as Coronado whose shares meet clear
quantitative standards, and currently trade on a qualifying foreign
The OTCQX trading platform provides Coronado with exposure to both
institutional and retail investors through major online and
full-service brokerage firms that facilitate trades through OTCQX
International. Trades are settled and cleared in the United States
similar to any NASDAQ or NYSE stock, and trade reports are disseminated
through major financial data providers.
To view Coronado Resources Ltd. on the OTCQX please visit: http://www.otcmarkets.com/stock/CRDAF/quote
In other news, Coronado is pleased to announce that Mr. John Vaccaro and
Mr. Douglas Lynes will join the Company’s Board of Directors. Messrs.
Vaccaro and Lynes are experienced in the resource industry sector
having previously served as directors of other public companies, and
bring additional strong business qualifications to the Coronado Board.
In order to facilitate the appointment of Mr. Vaccaro and Mr. Lynes to
Coronado’s Board, Mr. Giuseppe (Pino) Perone has tendered his
resignation. Coronado wishes to express its thanks to Mr. Perone for
his valuable contributions to Coronado’s Board.
Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
SOURCE CORONADO RESOURCES LTD.