Nexus Gold Corp. has listed its common shares for trading on the Frankfurt Stock Exchange under the symbol N6E.
The company's common shares are now dual listed on the TSX Venture Exchange, Nasdaq OTC and the Frankfurt Stock Exchange. The Frankfurt Stock Exchange is the world's 10th-largest stock exchange by market capitalization and largest of Germany's seven stock exchanges. The company anticipates the Frankfurt listing will increase trading liquidity and facilitate investment in the company by investors across Europe. This increased exposure to worldwide markets enables Europeans to trade the company's common shares in euros.
"As our company continues to grow, we feel reaching a larger global audience is an important component to our future success," said Nexus Gold president and chief executive officer Peter Berdusco. "This listing is a direct response to the interest generated over the past few months from European investors towards the company and its West African exploration presence. It will now aid in the maturation of those relationships and assist in expanding our shareholder base," continued Mr. Berdusco.
The company will maintain its primary listing on the TSX Venture Exchange.
The company is currently initiating due diligence on a potential acquisition that would add an additional prospective gold project to its portfolio.
Additionally, Nexus geologist Warren Robb is on site in Burkina Faso, and is in the process of organizing crews and equipment. With the completion of the rainy season and local crops harvested, the company anticipates further work updates in the coming weeks.
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