HIGHLIGHTS
- Resolution Minerals has confidentially submitted a registration statement on Form F-20 with the US Securities and Exchange Commission (SEC) and aims to complete a secondary listing on Nasdaq within the next few months.
- A Nasdaq listing will enable the Company to tap into the world’s largest equity capital markets at a time of exceptional investment momentum in U.S. critical minerals, and trade shoulder to shoulder with its U.S. listed critical metals peers.
- In connection with the proposed listing on Nasdaq, RML has established a Level 1 American Depositary Receipt (“ADR”) facility, with each ADR representing 200 ordinary shares, which will be live on the OTCQB market this week.
- The ADR facility opens up RML to U.S. institutions, brokers and investors who can now easily buy RML shares in the U.S. via their U.S. brokers and settle in US dollars.
- Additionally, once RML has a secondary listing on Nasdaq, the ADR facility would enable RML to more easily raise equity from a broader range of U.S. investors, use the ADRs as M&A currency for corporate transactions, increase visibility for White House & Department of War funding and development incentives, and facilitate U.S. broker research exposure – this is an extremely significant milestone for the Company.
- Elevated geopolitical tension, as well as record high gold, silver, tungsten and antimony prices, have all contributed to soaring interest in Resolution Minerals from U.S. investors looking for exposure to defence, critical and precious metals.
“The recent gold discovery at Golden Gate, and encouraging high grade antimony results, as well as plans to develop our tungsten have driven demand from all corners of the U.S. investor community. Amidst rising global tensions, record high prices for gold, silver, tungsten and antimony, investor interest from the U.S. has been surging in recent times, making the Nasdaq listing and ADR facility very timely"
