Orezone Gold Applies to Move to ASX Foreign Exempt Listing; Shares Fall 3%
MT Newswires Live
8 hours ago
Orezone Gold (ASX:ORE) has formally applied to the Australian Securities Exchange (ASX) to change its admission category from a standard listing to a foreign exempt listing, according to a Tuesday filing with the Australian bourse.
If approved, the company would primarily adhere to Toronto Stock Exchange listing requirements and be exempt from most ASX listing rules, while its Chess Depositary Interest holders could continue trading on the ASX under the existing ticker, the filing added.
The company's shares fell 3% in recent Tuesday trade.
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