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Balmoral Resources Ltd Joins OTCQX

Feb 23, 2012

OTC Disclosure & News Service

New York, NY -

Balmoral Resources Ltd Joins OTCQX

NEW YORK – February 23, 2012 OTC Markets Group Inc. (OTCQX: OTCM), the company that operates the world’s largest electronic marketplace for OTC-traded equities, announced that Balmoral Resources Ltd (OTCQX: BALMF; TSX.V: BAR), a gold exploration and development company, is now trading on the highest tier of the OTC market, OTCQX®.

Balmoral Resources began trading today on the OTC market’s prestigious tier, OTCQX International. Investors can find current financial disclosures and Real-Time Level 2 quotes for the Company on www.otcmarkets.com.

“The OTCQX platform supports a transparent marketplace with high quality issuers, financial information disclosure and efficient trading for U.S. investors,” said R. Cromwell Coulson, President and Chief Executive Officer of OTC Markets Group. “We are pleased to welcome Balmoral Resources to OTCQX.”

Dorsey & Whitney LLP will serve as Balmoral Resources’ Principal American Liaison (“PAL”) on OTCQX, responsible for providing guidance on OTCQX requirements and U.S. securities laws.

About Balmoral Resources Ltd

Balmoral Resources Ltd (OTCQX: BALMF; TSX.V: BAR) trades in the United States on OTCQX under the symbol “BALMF”, and in Canada on the TSX Venture under the symbol BAR”. Founded in 2010 Balmoral Resources is a gold exploration and development company focused on creating shareholder value through the acquisition, aggressive exploration and development of gold projects/resources in the major gold districts of North America. Balmoral controls an 85 kilometre long district scale land position on the emerging Detour Gold Trend in Quebec which features a number of new high grade gold discoveries. Balmoral also controls the Northshore Gold Property in Ontario where the Company has recently announced an expansion to the historic gold system.

About OTC Markets Group Inc.

OTC Markets Group Inc. (OTCQX: OTCM) operates the world’s largest OTC marketplace for equity securities. Our OTC Link® trading system delivers price transparency in over 10,000 securities and enables direct interaction between broker-dealers that provide liquidity and execution services. We organize the marketplace by categorizing the wide spectrum of OTC-traded companies into three tiers: OTCQX – The Intelligent Marketplace for the Best OTC Companies; OTCQB® – The Venture Marketplace; and OTC Pink® – The Open Marketplace. Our information-driven platform makes it easy for investors to trade at the best price through the broker of their choice and empowers companies to build the best markets for their investors. To learn more about our Open, Transparent, and Connected marketplace, visit www.otcmarkets.com.

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Media Contact:

Grace Keith, OTC Markets Group Inc., +1 (212) 896-4428, grace@otcmarkets.com

The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.


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