Focus Metals to Begin Trading on OTCQX Tomorrow
Post Date: 14 Jul 2011 Viewed: 552
Canadian explorer Focus Metals reported today it will begin trading on the OTC market on Thursday, and that its company information will now be made available through Standard & Poor's Market Access Program.
Focus Metals president and CEO Gary Economo said the company will trade on the OTCQX tier, under the symbol "FCSMF".
The three tiers of the OTC constitute the third largest U.S. liquidity pool for trading public company shares, after the NASDAQ and the New York Stock Exchange.
The S&P Market Access Program, an information distribution service, enables subscribing publically traded companies to have company information circulated to S&P MarketScope Adviser users.
The information to be made available includes the company's share price, volume, dividends, shares outstanding, financial position, and earnings.
As part of the program, a full description of Focus will also be published in the daily news section of Standard Corp. Records, a recognized securities manual for secondary trading in up to 38 states.
Focus Metals is a graphite mine developer with its flagship asset, the Lac Knife project, located in northern Quebec, near Wabush and Labrador City.
The company also owns unexplored platinum, gold and copper properties in the Labrador Trough region of Northern Quebec.