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NQ Minerals plans listing on senior stock exchange

NQ Minerals is building a strong track record of production from the Hellyer mine in Australia

NQ Minerals PLC - NQ Minerals plans listing on senior stock exchange

NQ Minerals PLC (AQSE:NQMI)(OTCQB:NQMLF)(OTCQB:NQMIY) said it has appointed international legal firm Hill Dickinson in London to prepare the necessary prospectus and documentation to have its shares traded on a tier-1 stock exchange.

"Now that the company's annual accounts have been published, showing solid year on year revenue growth, the board of the company has determined that the company has reached a size and stage of development that it is appropriate to consider what other platforms and exchanges exist to position the company to take maximum advantage of the company's maturing operating status,” said executive chairman David Lenigas in a statement.

“The board has engaged advisors to review all the alternatives available to the company. The board will consider the advice when received and decide which country, and which exchange the company will seek a listing on closer to the time of prospectus lodgement. Independent experts’ reports have also been commissioned on the company's assets, which will form an integral part of the listing application.

"The Aquis Stock Exchange is an excellent trading platform for growth companies, and it has and will continue to serve NQ Minerals very well, as we transition from an exploration company to a mining company with robust assets and a solid future," Lenigas added.

 

Quick facts: NQ Minerals PLC

Price: 6.1 GBX

AQSE:NQMI
Market: AQSE
Market Cap: -
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NQ Minerals to kick off exploration at 'one of Australia's richest lead-zinc...

NQ Minerals' (LON:NQMI) chairman David Lenigas speaks to Proactive London about plans to start exploration work at the Hellyer mine in Tasmania. After a 10-year hiatus he says the company can re-start exploration with the benefit of more advanced geophysical techniques. NQ is currently...

on 08/25/2020

2 min read