FGF is working on the CSE listing prospectus and expects it to be finished close to the AGM date. Subject to shareholder approvals, once FGF is delisted from the ASX, it will submit with little delay the Canadian prospectus for review. We are anticipating a relatively short period from leaving the ASX to listing on the CSE. Note, it is not possible to dual list on the CSE whilst FGF is suspended by the ASX. The CSE receives active investors from both Canada and USA. Companies listed on the CSE can dual list on the OTC market in the US, migrate to the TSX or NASDAQ once they qualify. Australian investors can trade shares listed on the CSE using their international Commsec Account and a number of online brokers including PI Financial, and Interactive Brokers. Canada is an active market for investors wishing to access companies that are listed and involved in blockchain and digital assets. Currently there are 45 companies listed on the CSE (including investment companies) engaged in blockchain and cryptocurrencies. Given FGF’s portfolio, growth strategy, and investor appetite we see an opportunity to take FGF to the North American market.
FGF Price at posting:
0.9¢ Sentiment: Hold Disclosure: Held
