VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 22, 2012) - CuOro Resources Corp. (TSX VENTURE:CUA)(FRANKFURT:6BC)(OTCQX:CRUOF) ("CuOro" or the "Company") is pleased to announce that its shares will begin trading, effective immediately, on the OTCQX International, the highest tier of the U.S. OTC Markets, under the symbol "CRUOF". Joining the OTCQX will provide CuOro with greater visibility in US markets and will facilitate trading by US investors.
The OTCQX membership was sponsored and facilitated by Dorsey & Whitney LLP who will act as the Company's Principal American Liaison ("PAL") on the OTCQX, responsible for providing guidance on OTCQX requirements and U.S. securities laws.
US investors will be able to find current financial disclosures and Real-Time Level 2 quotes for the Company on www.otcqx.com and www.otcmarkets.com.
"We are extremely pleased to begin trading on the OTCQX. With our Phase I drilling campaign at the Santa Elena Property in Colombia nearing completion, this is an ideal time to increase our corporate profile to U.S. investors," said Robert Sedgemore, President & CEO of CuOro Resources.
"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 CuOro to OTCQX."
About CuOro Resources Corp.
CuOro is a Canadian publicly-listed exploration company with two projects in Colombia. The company flagship Santa Elena Copper project, located in Antioquia is prospective for high-grade near surface VMS copper deposits. The current 25,000m drill program is nearing completion with recent results returning assays of 102.9m at 1.44% Cu, including 14m at 2.9% copper. The Company is well capitalized and has the right to acquire 100% interest in the Santa Elena Property. It is managed by an experienced and technical management team residing in Medellin, Colombia. The long-term growth strategy is to continue identifying and acquiring new assets in South America with a focus on copper and gold, and the commitment to upholding the highest environmental and social standards.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX:OTCM) operates Open, Transparent and Connected financial marketplaces for investors to easily trade almost 10,000 equity and debt securities through the broker of their choice. Our OTC Link®ATS directly links a diverse network of broker-dealers that provide liquidity and execution services for a wide spectrum of securities. We organize these securities into tiered marketplaces to inform investors of opportunities and risks - OTCQX® - The Intelligent Marketplace for the Best OTC Companies; OTCQB® - The Venture Marketplace; and OTC Pink® - The Open Marketplace. Our data-driven platform enables efficient trading through any broker at the best possible price and empowers a broad range of companies to improve the quality and availability of information for their investors. To learn more about how we create smarter financial marketplaces, visit www.otcmarkets.com.
On Behalf of the Board of Directors of CuOro,
Robert Sedgemore, President & CEO
Forward Looking Statement
Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of CuOro Resources Corp., including, but not limited to, the impact of general economic conditions, industry conditions, volatility of commodity prices, risks associated with the uncertainty of exploration results and estimates and that the resource potential will be achieved on exploration projects, currency fluctuations, legislative change, dependence upon regulatory approvals, and the uncertainty of obtaining additional financing, exploration risk and that the listing on the OTCQX will increase trading in the U.S. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.
Neither the Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release.