Ready Set Gold Corp (CSE:RDY) (FRA:0MZ) reported that its common shares are now listed on the Frankfurt Stock Exchange (FSE) under the trading symbol ‘0MZ’.
The FSE, operated by Deutsche Börse AG, is the largest of the eight stock exchanges in Germany and is also the third-largest organized exchange trading market in terms of turnover, following the NASDAQ and the New York Stock Exchange, and dealing in securities globally.
“The company is excited and committed to the process of building both shareholder value and market visibility. The listing of the company's shares on the FSE will allow our European shareholders and partners more flexibility in terms of trading and participating in our success,” Ready Set Gold CEO Christian Scovenna said in a statement.
READ: Ready Set Gold has promising exploration projects in Ontario’s gold-rich regions
He added: “This FSE listing will also strengthen the company's ability to reach new investors within the European investing community as we continue advancing our prospective gold projects in the prolific Greenstone mining camps in Canada.”
Shares of Ready Set Gold will continue to trade on the Canadian Securities Exchange.
The company added that it has been assigned a German Securities Identification Number (WKN:A2QJSH) and an International Identification Number (ISIN:CA7557541082).
Ready Set Gold owns a 100% interest in the Northshore Gold Property, which is located in the Schreiber-Hemlo Greenstone Belt near Thunder Bay and is considered one of Ontario's largest undeveloped prospective gold projects.
A National Instrument (NI) 43-101 compliant Mineral Resource Estimate done by GTA Resources on Northshore in 2014 showed 391,000 Indicated gold ounces grading 0.99 grams per tonne (g/t) along with 824,000 Inferred ounces of gold at 0.87 g/t, using a cut-off grade of 0.50 g/t gold.
The company recently initiated its Phase 1 diamond drilling program at Northshore and has completed three drill holes to date.
Contact Sean at sean@proactiveinvestors.com