Capstone Copper Starts Trading on ASX

m. (AEDT) on Wednesday, January 31, 2024 (Tuesday, January 30, 2024 (EST)) under the ASX ticker code “CSC”.

Capstone Copper Corp. is a Canadian mining company with a focus on the exploration and development of copper properties. The Company’s flagship project is the Santo Domingo project, located in Chile. The decision to pursue a secondary listing on the ASX reflects Capstone’s commitment to expanding its investor base and increasing its visibility in the Australian market.

In response to the approval of the secondary listing, Darren Pylot, President and CEO of Capstone Copper Corp., stated, “We are pleased to have received approval for our secondary listing on the ASX. This listing represents an important milestone for Capstone as we continue to execute on our growth strategy. We believe that the ASX listing will provide us with access to a broader investor base and enhance our trading liquidity, ultimately creating value for our shareholders.”

The ASX listing is expected to provide Capstone with increased access to capital markets and a platform to raise capital in Australian dollars. This will enable the Company to further advance its exploration and development activities, particularly at the Santo Domingo project. Additionally, the secondary listing will facilitate greater engagement with Australian investors and analysts, providing them with the opportunity to participate in Capstone’s growth story.

In conjunction with the listing on the ASX, Capstone has engaged with a number of Australian-based institutional investors and brokers. The Company has also initiated a marketing and investor relations program to raise awareness of its ASX listing and provide the Australian investment community with a better understanding of its growth plans and investment opportunities.

The decision to pursue a secondary listing on the ASX is reflective of Capstone’s long-term commitment to building a globally diversified shareholder base. The Company recognizes the importance of having a presence in key international markets and believes that the ASX listing will contribute to its overall corporate objectives.

As Capstone Copper Corp. continues to progress its Santo Domingo project and pursue additional opportunities in the copper sector, the ASX listing represents an important step in the Company’s growth trajectory. With a strong focus on sustainable and responsible mining practices, Capstone is well-positioned to capitalize on the increasing demand for copper, driven by the global transition towards renewable energy and electric vehicles.

Capstone’s listing on the ASX is a testament to the Company’s dedication to creating long-term value for its shareholders and stakeholders. By expanding its presence in the Australian market, Capstone is poised to strengthen its position as a leading copper mining company and deliver sustainable returns to its investors.

Overall, Capstone Copper Corp.’s secondary listing on the ASX is a significant development for the Company and its stakeholders. The ASX listing represents a strategic opportunity for Capstone to enhance its investor base, access new sources of capital, and increase its visibility in the Australian market. As the Company continues to execute on its growth strategy, the ASX listing is expected to play a pivotal role in driving Capstone’s long-term success in the global copper mining industry.

Source link



Leave a Reply

Your email address will not be published. Required fields are marked *

Most Viewed

Featured Franchise Opportunity

Starz Program

Child Related Franchises, Education & Training Franchises, Fitness & Recreation Franchises

$10ˌ000 - $50ˌ000

Buffalo Wild Wings

Food & Beverage Franchises, Full Service Restaurant Franchises

$250ˌ000 - $500ˌ000