Merriman Capital Announces Sponsorship of Nemaska Exploration on OTCQX

Merriman Capital, Inc.(NASDAQ:MERR) reports it will serve as the principal American liaison (PAL) for Nemaska (TSXV:NMX,OTC:NMKEF) as it begins trading on OTCQX.

The press release is quoted as saying,

Nemaska Exploration is a mineral exploration company involved in the James Bay region ofQuebec. The Company announced today that it is now trading on the OTC market’s highest tier, OTCQX.

OTCQX distinguishes the best companies traded over-the-counter (OTC) from more than 9,000 securities traded on the OTCBB and OTC Link that are not required to meet any financial standards or undergo a qualitative review.

Merriman Capitals Managing Director, Spencer Grimes says,

Lithium’s important applications in rechargeable batteries make it a key element in increasing the viability of clean technologies.  After the successful IPO of its non-lithium properties, Nemaska Exploration’s President and CEO, Guy Bourassa, now has the Company focused on developing its Whabouchi lithium project.

For the complete press release, click here.