Carlisle Goldfields Limited

Carlisle Goldfields Limited

April 02, 2012 09:09 ET

Carlisle Goldfields Joins OTCQX

TORONTO, ONTARIO--(Marketwire - April 2, 2012) - Carlisle Goldfields Limited (TSX:CGJ)(OTCQX:CGJCF) (the "Company" or "Carlisle") is pleased to announce that the Company is now trading on the OTC Markets Group's prestigious tier, OTCQX International. OTC Markets Group operates the leading electronic inter-dealer quotation system, trading technology and financial information provider for Over-the-Counter (OTC) securities. Investors can find current financial disclosures and Real-Time Level 2 quotes for the Company on

"OTCQX companies demonstrate their commitment to providing superior information to investors and maintaining the highest quality standards," said R. Cromwell Coulson, President and Chief Executive Officer of OTC Markets Group. "We are pleased to welcome Carlisle to OTCQX."

Mr. Bruce Reid, President and Chief Executive Officer of Carlisle commented: "Trading on the OTCQX provides the Company with increased visibility and trading efficiency for our U.S.-based investors. We are pleased to begin trading on the OTCQX."

Berenbaum Weinshienk PC will serve as Carlisle's Principal American Liaison ("PAL") on OTCQX, responsible for providing guidance on OTCQX requirements and U.S. securities laws.

About Carlisle: Carlisle Goldfields Limited is a Canadian-based gold exploration and development company, focused on development of its wholly owned mining leases and claims in the Lynn Lake Greenstone Belt of Northern Manitoba, covering approximately 20,000 hectares which include the former MacLellan Gold mine and two other former producing gold mines as well as numerous other historically identified Gold Zones all within close distance of the town of Lynn Lake.

About OTC Markets Group Inc: OTC Markets Group Inc. (OTCQX:OTCM) operates the world's largest OTC marketplace for equity securities. OTC Markets Group's 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. OTC Markets Group organizes 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. OTC Markets Group's 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 OTC Markets Group's Open, Transparent, and Connected marketplace, visit

This press release shall not constitute an offer to sell or solicitation of an offer to buy the securities in any jurisdiction. The Securities of the Company have not been registered under the United States Securities Act of 1933 and may not be offered or sold in the United States absent an applicable exemption from the registration requirements.

Except for statements of historical fact contained herein, the information in this press release may constitute "forward-looking information" within the meaning of Canadian securities law. Other than statements of historical fact, all statements are "Forward- Looking Statements", including that involve various known and unknown risks and uncertainties and other factors..There can be no assurance that such statements will prove accurate. Results and future events could differ materially from those anticipated in such statements. Readers of this press release are cautioned not to place undue reliance on these "Forward-Looking Statements". Except as otherwise required by applicable securities statutes or regulation, Carlisle expressly disclaims any intent or obligation to update publicly forward-looking information, whether as a result of new information, future events or otherwise.

Neither IIROC nor the TSX accepts responsibility for the adequacy or accuracy of this release.

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