Oct 15, 2015 (ACCESSWIRE via COMTEX) — CALGARY, AB / ACCESSWIRE / October 15, 2015 / Morro Bay Resources Ltd. ("Morro Bay" or the "Company") (MRB); (pinksheets:MRRBF) is pleased to announce that its common shares have commenced trading on OTC Pink, the open marketplace of the U.S. Over-the-Counter ("OTC") markets, under the symbol MRRBF.
Investors can find current financial disclosure and Real-Time Level 2 quotes for the Company on www.otcmarkets.com. OTC Markets Group Inc. (otcqx:OTCM) is the financial information and technology services company that provides the world's largest electronic marketplace for broker-dealers to trade over-the-counter ("OTC") stocks.
OTC Pink provides services to companies which enable them to communicate with and engage their investors, while providing them with transparent trading and easy access to company information.
"Joining OTC Pink will increase the Company's market visibility and accessibility for both institutional and retail investors in the United States," said John C. Zang, President and CEO of Morro Bay. "We are committed to providing shareholder value and see the new trading venue as an opportunity to increase liquidity of Morro Bay shares, while providing widespread awareness of the Company's ongoing developments and exploration progress on the Peñoles Property."
Brimstone & Co., attorneys at law, as Morro Bay's Principle American Liason (PAL) is responsible for providing guidance on OTC requirements and U.S. Securities Laws.
About Morro Bay
Morrow Bay is a junior mineral exploration company based in Calgary, Alberta, Canada, focused on the exploration for precious metals in Mexico. Morro Bay's business strategy is to build shareholder value by rapidly advancing the Peñoles Project in Mexico through the resource delineation stage.
Further Information
For further information please contact:
Morro Bay Resources Ltd.
John C. Zang
President and Chief Executive Officer
T: 403 680 9264
Investors Relations:
Patrick Piette
T: 416 526 9911
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Information in this news release may contain forward looking information. Statements containing forward looking information express, as at the date of this news release, the Company's plans, estimates, forecasts, projections, expectations, or beliefs as to future events or results and are believed to be reasonable based on information currently available to the company.
There can be no assurance that forward-looking statements will prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. Readers should not place undue reliance on forward-looking information.
The forward-looking information contained in this news release is as of the date hereof and Morro Bay does not undertake any obligation to update publicly or to revise any of the included forward looking statements contained herein, except as required by applicable law. The forward-looking statements contained herein are expressly qualified by this cautionary statement.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any state in the United States in which such offer, solicitation or sale would be unlawful. The securities referred to herein have not been and will not be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.
SOURCE: Morro Bay Resources Ltd.
Original Article: http://www.marketwatch.com/story/morro-bay-begins-trading-on-otc-pink-2015-10-15
