OTC Markets Group Inc., operator of Open, Transparent and Connected financial marketplaces, announced that Target Energy Ltd., a U.S.-focused oil and gas exploration and production company, has chosen to have its American Depositary Receipts (ADRs) traded on OTCQX®, the best OTC marketplace with qualified companies.

Target Energy began trading on OTCQX International, a segment of the OTCQX marketplace reserved for high-quality non-U.S. companies listed on a qualified stock exchange in their home country.

"We are pleased Target Energy has chosen to trade on OTCQX," said R. Cromwell Coulson, President and CEO of OTC Markets Group. "The OTCQX marketplace offers investor-focused companies an efficient and effective way to enhance their visibility with U.S. investors through high-quality disclosure, transparent trading and ease of access to company information."

Tags: Target Energy