Lexington announces secondary listing in US
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.
Comments
Announcements
What's On
Subscribe to improve your user experience...
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?
Receive 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)
➕
Recieve 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
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation