Cardinal Resources Ltd.: Now Dual-Listed on ASX and TSX
10.07.2017 | ABN Newswire
Perth - Cardinal Resources Ltd. ("Cardinal" or the "Company") (ASX:CDV) (OTCMKTS:CRDNF) (TSX:CDV) is pleased to announce that the Company's ordinary shares will commence trading on the Toronto Stock Exchange (the "TSX") under the same symbol "CDV" at the start of trading on the TSX on July 10, 2017.Archie Koimtsidis, CEO and MD of Cardinal, stated:
"The entire Team is very pleased to be listed on the TSX as well as the ASX as it will provide the Company with a broader awareness of our significant gold discovery and development in Ghana on two high quality stock exchanges for trading. The listing on the TSX is another important milestone achieved by Cardinal for all stakeholders as we continue to explore and develop the expanding Namdini Gold Deposit.
"Our TSX Listing is timely given the substantial amount of activity planned, including the finalization of the Scoping Study/Preliminary Economic Assessment on our Namdini Gold Project which is due late Q3 - 2017.
"With our Ghana-based projects and our well-rounded Board and Executive Team in Toronto, we believe the TSX listing will enhance the Company's support by the North American and Australian Investment Communities."
Appendix 1 (see the link below) outlines instructions on how to transfer shares between the ASX and the TSX.
To view the Appendix 1, please visit:
http://abnnewswire.net/lnk/3RF25061
To view the Final Prospectus, please visit:
http://abnnewswire.net/lnk/CI484Z1E
About Cardinal Resources Ltd:
Cardinal Resources Ltd. (ASX:CDV) (OTCMKTS:CRDNF) is an African gold-focused exploration and development company which holds interests in tenements within Ghana, West Africa.
The Company’s Namdini Project has a declared 4Moz Maiden Gold Resource which is open. The Company is focused on the development of the Namdini project through a resource expansion drilling programme, prefeasibility studies, detailed metallurgical test work and process flowsheet studies. Exploration activity is also underway on the Company’s Bolgatanga and Subranum Projects.
Contact:
Archie Koimtsidis CEO / MD
Cardinal Resources Ltd.
P: +1-647-256-1922 or +61-8-6558-0573
Email: archie@cardinalresources.com.au