Eclipse Metals (EPM) has commenced trading on the Frankfurt Stock Exchange, under the ticker 9EU.
The Frankfurt listing is expected to expand Eclipse’s exposure to European markets by helping the company to engage with large and sophisticated investors.
Further, the listing will help promote the company’s corporate profile in Europe and trading liquidity.
“Eclipse Metals has attracted considerable interest from investors outside Australia and in particular Scandinavian regions where there is an awareness of the company’s projects,” Executive Chairman Carl Popal said.
“Greenland hosts a quarter of the world’s rare earth minerals in a favourable mining jurisdiction, and we expect increased interest from European investors, stakeholders and OEMs as project development work continues.”
To aid Eclipse’s investor relations and corporate advisor in Europe, the company has contracted Frankfurt-based DGWA, the German Institute for Asset and Equity Allocation
and Valuation.
As part of its responsibilities, DGWA will assist the company with expanding its European profile for investor and stakeholder awareness of the company’s activities at its Ivigtût project in Greenland.
The company confirmed that the Australian Securities Exchange (ASX) will continue to be Eclipse’s primary exchange.
EPM Price at posting:
2.0¢ Sentiment: Buy Disclosure: Held
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