IBC Advanced Alloys Inc. Joins OTCQX
NEW YORK, Aug. 26, 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 IBC Advanced Alloys Inc. (OTCQX: IAALF; TSX.V: IB), a manufacturer and developer of advanced alloys, is now trading on the highest tier of the OTC market, OTCQXÃ‚®.
IBC Advanced Alloys 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 companies demonstrate their commitment to providing superior information to investors and maintaining the highest quality standards,” said R. Cromwell Coulson, President and Chief Executive Officer of OTC Markets Group. “We are pleased to welcome IBC Advanced Alloys to OTCQX.”
Ladenburg Thalmann & Co. Inc., a subsidiary of Ladenburg Thalmann Financial Services Inc. (NYSE Amex: LTS), will serve as IBC Advanced Alloys’ Principal American Liaison (“PAL”) on OTCQX, responsible for providing guidance on OTCQX requirements.
IBC Advanced Alloys Inc.
IBC Advanced Alloys Inc. (OTCQX: IAALF; TSX.V: IB) trades in the United States on OTCQX under the symbol “IAALF.” IBC is an integrated manufacturer and distributor of rare metals (beryllium) based alloys and related products serving a variety of industries including nuclear energy, automotive, telecommunications and a range of industrial applications. IBC has 80 employees and is headquartered in Vancouver, Canada with production facilities in Indiana, Massachusetts, Pennsylvania and Missouri. Additionally, IBC owns prospective beryllium properties in the Western US covering approximately 9,500 hectares. IBC is creating a dynamic global beryllium and advanced alloys company. IBC’s common shares are traded on the TSX Venture Exchange under the symbol “IB.”
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(TM) 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), OTCQBÃ‚® (the U.S. reporting company marketplace for development stage companies), and OTC Pink(TM) (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.
SOURCE OTC Markets Group Inc.