MCW Energy Group Begins Trading on OTCQX® - WDRB 41 Louisville News

MCW Energy Group Begins Trading on OTCQX®

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SOURCE OTC Markets Group Inc.

NEW YORK, May 14, 2014 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of Open, Transparent and Connected financial marketplaces, today announced that MCW Energy Group Ltd. (TSX-V: MCW; OTCQX: MCWEF), a distributor of gasoline and diesel fuels and a developer of proprietary oil sands technology, has been approved to trade on OTCQX®, the best marketplace with qualified companies.

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MCW Energy Group began trading today on OTCQX under the symbol "MCWEF."  U.S. investors can find current financial disclosures and Real-Time Level 2 quotes for the company on www.otcmarkets.com.

"We are pleased to welcome MCW Energy Group to OTCQX," said R. Cromwell Coulson, President and CEO of OTC Markets Group.  "Trading on OTCQX ensures MCW's U.S. investors will have convenient access to the company's news and financials and transparent trading so they can effectively analyze, value and trade it securities.  We look forward to working with MCW Energy as it continues to grow its visibility in the U.S. market."   

MCW's CEO Dr. R. G. (Jerry) Bailey stated, "Obtaining approval to trade on OTCQX is an important benchmark for MCW.  Being traded on a U.S. marketplace provides a whole new universe for investors interested in environmentally-friendly energy issues.  OCTQX will provide our new spectrum of investors with easier access, faster, more efficient trading and added liquidity in MCW Energy Group shares."

Merriman Capital, Inc. serves as MCW Energy's Principal American Liaison ("PAL") on OTCQX, responsible for providing professional guidance on OTCQX requirements.

MCW Energy is focused on value creation as: (i) a distributor of gasoline and diesel fuels to service stations in Southern California for 75 years and (ii) as a developer of proprietary technology for extraction of oil from oil sands at its lease location in Asphalt Ridge, Utah, where it is completing the assembly of America's first environmentally-friendly oil sands extraction project.  For more information, visit www.mcwenergygroup.com.

About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates Open, Transparent and Connected financial marketplaces for 10,000 U.S. and global securities. Through our OTC Link® ATS, we directly link a diverse network of broker-dealers that provide liquidity and execution services for a wide spectrum of securities. We organize these securities into marketplaces to better inform investors of opportunities and risks – OTCQX®, The Best Marketplace; OTCQB®, The Venture Stage Marketplace; and OTC Pink®, The Open Marketplace. Our data-driven platform enables investors to easily trade through the broker of their choice 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 better informed and more efficient financial marketplaces, visit www.otcmarkets.com.

OTC Link ATS is operated by OTC Link LLC, member FINRA/SIPC and SEC regulated ATS.

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