Allied Gold to list on NYSE
me-metals: Allied Gold (TSX: AAUC) is set to begin trading on the New York Stock Exchange starting Monday, June 9, after obtaining all regulatory approvals. The stock will trade under the ticker symbol “AAUC” — same as its Toronto-listed shares.
According to me-metals cited from mining.com, In a press release issued Tuesday, Allied said the NYSE listing approval “represents a significant milestone” that reflects the continued growth of its business.
The Canadian gold miner currently operates three producing assets and development projects located in Côte d’Ivoire, Mali and Ethiopia. Together, they hold approximately 11 million oz. in reserves.
In preparation for the NYSE listing, the company announced last month that it will consolidate its issued shares on a three-for-one basis. As of midday Tuesday, the TSX-listed shares traded at C$20.64 each for a market capitalization of C$7.1 billion ($5.1bn).
Once listed on the NYSE, Allied said its shares on the OTC market will cease trading.
source: mining.com
Related News
Top News
One last month
Four last month
Terra Metals, Metalex seal $100M deal to form copper-cobalt partnership in Zambia
COMEX copper stocks exceed LME for first time since 2022
Glencore’s $22B assets shift sets stage for mining mega-merger
Glencore’s $22B assets shift sets stage for mining mega-merger
Trump to double steel, aluminum tariffs to aid Nippon-US Steel
Gold price drops 1% following Trump comments, inflation data
Flooded mine in Congo is latest threat to global copper supply
Fortuna Mining buys 15% of Awalé Resources
Gold price surges near one-month peak as geopolitical risks mount
Ivanhoe rebounds on planned partial restart of flooded copper mine
Allied Gold to list on NYSE
BHP-backed startup delivers first copper at Chile leaching plant
Anglo American plans $26M upgrade for Quellaveco mine
MTM Critical Metals reports high-grade antimony recovery from US e-waste
Mount Etna erupts, unleashing lava – and possibly hidden minerals
AngloGold sells Brazil’s Serra Grande mine to Aura for $76M
Gold price surges near one-month peak as geopolitical risks mount
Trump to double steel, aluminum tariffs to aid Nippon-US Steel
American Tungsten kicks off construction at Ima project in Idaho
Ivanhoe rebounds on planned partial restart of flooded copper mine
Allied Gold to list on NYSE
BHP-backed startup delivers first copper at Chile leaching plant
Anglo American plans $26M upgrade for Quellaveco mine
MTM Critical Metals reports high-grade antimony recovery from US e-waste
Mount Etna erupts, unleashing lava – and possibly hidden minerals
AngloGold sells Brazil’s Serra Grande mine to Aura for $76M
Gold price surges near one-month peak as geopolitical risks mount
Trump to double steel, aluminum tariffs to aid Nippon-US Steel