OTC Markets Group Inc announced today that Ethiopian Potash Corp., a Canadian mineral exploration company, was now trading on the highest tier of the OTC market, OTCQX.

Ethiopian Potash began trading today on the OTC market's prestigious tier, OTCQX International.

"The OTCQX platform offers investor-focused companies a winning combination of quality control, transparency, and broader visibility to U.S. investors," said R. Cromwell Coulson, president and CEO of OTC Markets Group. 

Soloway Group P.C. will serve as Ethiopian Potash's Principal American Liaison on OTCQX, responsible for providing guidance on OTCQX requirements.

Last week Ethiopian Potash Corp had announced that it had completed drilling five holes with total drilling through 1,000 metres to date of the planned 15,000 metre diamond drill programme on its 481km² Danakil Project, in Ethiopia.

The holes were drilled along the western edge of the Danakil and targeted the on strike continuation of the Musley potash deposit. All of the holes intersected the regional Danakil Potash Formation and potash mineralization.

The drill core has been logged and selected intersections have been reviewed by Ercosplan who confirmed the intersection as being part of the Regional Danakil Potash bearing sequence and that potash mineralization was observed in the drill core.

Source: Marketwire