Klondex Mines (KDX) Approved for Toronto Stock Exchange Listing.- Shares to Commence Trading on TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension on Monday Monday: see week. , Feb 26(th) - VANCOUVER, British Columbia British Columbia, province (2001 pop. 3,907,738), 366,255 sq mi (948,600 sq km), including 6,976 sq mi (18,068 sq km) of water surface, W Canada. Geography -- Klondex Mines Ltd. (TSX VENTURE: KDX) announced today that its common shares have been approved for listing on the Toronto Stock Exchange Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. ("TSX") under the stock symbol "KDX." The Company's common shares will be listed and posted for trading on the TSX with the opening of trading on Monday, February 26, 2007. Klondex's common shares will be delisted from the TSX Venture Exchange TSX Venture Exchange Originally called the Canadian Venture Exchange (CDNX), this was a result of the merger of the Vancouver and Alberta stock exchanges. The goal of TSX Venture Exchange is to provide venture companies with effective access to capital while protecting investors. on February 26, 2007 upon commencement of trading on the Toronto Stock Exchange. William J. Solloway, President, commented, "Klondex's listing on the Toronto Stock Exchange is an important milestone in our Company's growth and development and acknowledges our exploration success as well as the strength of our working capital position. To date, we have identified an Indicated Mineral Resource in excess of 1 million ounces of gold, and our exploration efforts continue. We believe the TSX listing should provide improved visibility for our company, enhanced liquidity for our shareholders, and expand the base of institutional and retail investors Retail Investor Individual investors who buy and sell securities for their personal account, and not for another company or organization. Notes: Retail investors buy in much smaller quantities than larger institutional investors. who would consider investing in our company." About Klondex Mines Ltd.: Klondex Mines is a gold exploration company focused on the development of its high grade Fire Creek deposit where to date the Company has identified an Indicated Mineral Resource in excess of 1,000,000 ounces of gold. Fire Creek is located in the Battle Mountain-Eureka Trend in the Northern Nevada Rift, in North Central Nevada, an area of substantial mining activity that has produced in excess of 100 million ounces of gold. The Company's property portfolio contains five gold exploration projects, all in Nevada. For more information, please visit www.klondexmines.com. On behalf of Klondex Mines Ltd. William J. Solloway President |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion