Kainantu Resources Announces Dual Listing on Frankfurt Stock Exchange
Kainantu Resources Announces Dual Listing
on Frankfurt Stock Exchange
VANCOUVER, BC,
June 10, 2021
/CNW/ - Kainantu Resources Ltd. (TSXV: KRL) (FSE: 6J0)
("KRL" or the "Company"), the
Asia-Pacific
focused gold mining company, is pleased to announce
that the Company's shares have been accepted for listing on the Frankfurt Stock Exchange ("FSE")
and commenced trading on
June 9, 2021
under the symbol "6J0".
The Company's common shares are now cross listed on the TSX Venture Exchange and the FSE.
The FSE is one of the world's leading international stock exchanges by revenue, profitability, and
market capitalization and is the largest of
Germany's
stock exchanges.
Having been admitted to the FSE, KRL is making submission for listing on Tradegate (which, upon
acceptance, will increase trading access for investors in Australasia and
Asia
amongst others).
Matthew Salthouse
, CEO of KRL, commented:
"Trading on the FSE provides the Company with direct access to the European capital markets and
an opportunity for the Company to increase trading liquidity and facilitate investment by expanding
our shareholder base."
About KRL
KRL is an
Asia-Pacific
focused gold mining company with two highly prospective gold projects, KRL
South and KRL North, in a premier mining region, the high-grade Kainantu Gold District of PNG. Both
of KRL's projects show potential to host high-grade epithermal and porphyry mineralisation, as seen
elsewhere in the district. KRL has a highly experienced board and management team with a proven
track record of working together in the region; and an established in-country partner.
For further information please visit
https://kainanturesources.com/
Neither the TSX-V nor its Regulation Services Provider (as that term is defined in the policies of
the TSX-V) accepts responsibility for the adequacy or accuracy of this release.
Disclaimer and
Forward-Looking Information
Statements contained in this release that are not historical facts
are forward-looking statements that involve various risks and uncertainty affecting the business of
KRL. In making the forward-looking statements, KRL has applied certain assumptions that are
based on information available, including KRL's strategic plan for the near and mid-term. There
can be no assurance that such information will prove to be accurate, as actual results and future
events could differ materially from those anticipated in such statements. Accordingly, readers
should not place undue reliance on forward-looking information. KRL does not undertake to update
any forward-looking information, except in accordance with applicable securities laws.
SOURCE
Kainantu Resources Ltd.
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For further information:
Enquiries: Kainantu Resources, Matthew Salthouse, Chief Executive
Officer (Tel: + 65 8318 8125), Callum Jones, Corporate Development Co-ordinator (Tel: + 61 450
969 697), Email: [email protected]; IR / Financial PR: Camarco, Gordon Poole / Nick Hennis, Tel:
+44(0) 20 3757 4980
CO: Kainantu Resources Ltd.
CNW 12:03e 10-JUN-21