United States-focused uranium producer White Canyon Uranium Limited (ASX: WCU, TSX: WU) has received approval to list on the Toronto Stock (Venture) Exchange.
The Company commenced trading on the TSX-V on Friday under the symbol WU, while the company’s ordinary shares will continue to be listed on the Australian Securities Exchange.
Shareholders can trade their shares on the ASX as they did prior to the TSX-V listing. However shareholders intending to trade on the TSX-V will need to transfer their shares onto the Canadian share registry and establish an account with an appropriate stock broker prior to trading on the TSX-V. The company and their share registrars can provide further details on such procedures to interested shareholders.
White Canyon Managing Director, Mr Peter Batten, said listing on the TSX-V would not only provide White Canyon with increased access to the larger North American capital markets, but he expected the listing would also further raise the profile of the Company within the global investment community.
“The Canadian and US markets have a close understanding of uranium and an enthusiasm to invest in uranium production, particularly uranium production in North America," Mr Batten said.
The listing on the TSX-V was a compliance listing only and no fund raising was associated with the process.
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