In a news release, GoldMining Inc. (GOLD:TSX; GLDLF:OTCQX), which has a portfolio of resource-stage gold and gold-copper projects in Brazil, Canada, Colombia, Peru and the U.S., announced that "its common shares have been approved for listing and trading on the NYSE American."
The firm advised that it anticipates that its common shares will begin trading on the NYSE American exchange under the ticker symbol GLDG when the market opens on Tuesday, October 6, 2020.
GoldMining noted that the company's shares will continue to trade on the Toronto Stock Exchange under the symbol GOLD, but that it will be delisted from the OTCQX where its shares presently trade under the designation GLDLF.
The company's Chairman Amir Adnani remarked, "We are pleased to announce our listing on the NYSE American stock exchange, which will provide enhanced access to the world's largest and most liquid equity market, increasing our exposure to a larger and substantially more diverse audience of institutional and retail investors."
"Recently, we have announced new strategic initiatives and taken important measures to further our strategy and leverage our expansive diversified portfolio of resource-stage gold projects. These included recent high-profile senior management appointments and the launch of Gold Royalty Corp., our royalty-focused subsidiary. Listing on the NYSE American constitutes an additional and significant step on the road to deliver exceptional value to our shareholders," Adnani added.
Read what other experts are saying about:
1) Stephen Hytha compiled this article for Streetwise Reports LLC and provides services to Streetwise Reports as an independent contractor. He or members of his household own securities of the following companies mentioned in the article: None. He or members of his household are paid by the following companies mentioned in this article: None.
2) The following companies mentioned in this article are billboard sponsors of Streetwise Reports: GoldMining. Click here for important disclosures about sponsor fees.
3) Comments and opinions expressed are those of the specific experts and not of Streetwise Reports or its officers. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security.
5) From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles and interviews on the site, may have a long or short position in securities mentioned. Directors, officers, employees or members of their immediate families are prohibited from making purchases and/or sales of those securities in the open market or otherwise from the time of the decision to publish an article until three business days after the publication of the article. The foregoing prohibition does not apply to articles that in substance only restate previously published company releases. As of the date of this article, officers and/or employees of Streetwise Reports LLC (including members of their household) own securities of GoldMining Inc., a company mentioned in this article.