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Cardinal Resources Ltd looks to Toronto for greater awareness of world-class gold find

The dual-listing will enhance the support by North American investors.

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The company is bringing its story to a new market

Ghana-focused Cardinal Resources Ltd (ASX:CDV, TSE:CDV) will officially become a dual-listed company in the coming 24 hours when its shares commence trading on the Toronto Stock Exchange.

Archie Koimtsidis, chief executive officer, believes the Canadian quote will help build broader awareness of its gold discover.

Cardinal's flagship project is the Namdini deposit, which is host to a 4 million ounce gold resource that is open at depth and along strike.

The results of a scoping study and preliminary economic assessment are due late in the third-quarter.

Quick facts: Cardinal Resources Ltd

Price: 0.34 AUD

ASX:CDV
Market: ASX
Market Cap: $170.01 m
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Cardinal Resources recognised for Namdini gold discovery with Thayer...

Cardinal Resources Ltd (ASX:CDV) managing director & CEO Archie Koimtsidis speaks to Proactive Investors about winning the 2019 Thayer Lindsley award from the Prospectors and Developers Association of Canada (PDAC). The award, previously won by Barrick Gold (TSE:ABX) and Ivanhoe...

on 03/20/2019

2 min read