https://newsletter.mw.creamermedia.com
Africa|Gold|Projects
Africa|Gold|Projects
africa|gold|projects

Lexington announces secondary listing in US

3rd March 2025

By: Marleny Arnoldi

Deputy Editor Online

     

Font size: - +

London-listed gold producer Lexington Gold, which operates in South Africa and the US, has started trading its shares on the OTCQB Venture Market, in the US.

The company identified increasing interest from US-based investors, particularly owing to the company’s diversified portfolio of gold assets that includes projects in the US.

The company retains its primary listing on the LSE’s Aim market.

The OTCQB is a market operated by OTC Markets Group, designed to provide enhanced visibility and liquidity for international companies seeking to broaden their US investor base.

The OTCQB currently has more than 900 companies trading shares, with the average market capitalisation of companies ranging between $10-million and $300-million.

Lexington will also obtain Depository Trust Company eligibility as a number of US brokers require such eligibility to trade shares on their platforms.

Lexington holds interests in four diverse gold projects covering an area of 1 675 acres in North and South Carolina, as well as six gold projects covering an area of 114 638 ha in South Africa.

 

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Comments

Latest News

Signage outside WTO offices
China files complaint with WTO over new US tariffs
Updated 2 hours 3 minutes ago By: Reuters

Showroom

Schauenburg SmartMine IoT
Schauenburg SmartMine IoT

SmartMine IoT has been developed with the mining industry in mind, to provides our customers with powerful business intelligence and data modelling...

VISIT SHOWROOM 
Actom
Actom

Your one-stop global energy-solution partner

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 04 April 2025
Magazine round up | 04 April 2025
4th April 2025

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.097 0.173s - 127pq - 2rq
Subscribe Now