Mr.
Clive Massey reports
KIRKSTONE METALS ENGAGES HONG KONG-BASED SIDLEY AUSTIN TO SUPPORT PROPOSED HKEX SECONDARY LISTING
Kirkstone Metals Corp. has retained the services of the Hong Kong office of the international law firm Sidley Austin LLP to assist the company in pursuing a potential secondary listing on the Hong Kong Stock Exchange (HKEX).
Under the engagement, Sidley Austin will provide legal and regulatory advisory services necessary to support Kirkstone's application for an HKEX listing. The engagement is non-exclusive and the company may terminate the arrangement at any time. The agreement with Sidley Austin does not guarantee that a secondary listing will be approved by HKEX.
Strategic rationale for proposed HKEX listing
Kirkstone's board and management believe a secondary listing in Hong Kong could broaden the company's shareholder base, increase access to international capital markets -- particularly in Asia -- and enhance visibility among investors focused on energy transition, critical minerals and uranium.
This contemplated step is consistent with Canada's broader national agenda to diversify trade and deepen ties with Asian markets. As articulated by Mark Carney, Prime Minister of Canada, the government intends to double Canada's non-U.S. exports over the next decade and to build stronger economic and trade relationships across the Indo-Pacific region.
Quote from chief executive officer
Clive Massey, president and CEO of Kirkstone, commented:
"Engaging Sidley Austin to support a possible HKEX listing is an important step in our long-term strategy to align Kirkstone with global capital markets and investors in Asia. As Canada works to strengthen economic and trade ties beyond our traditional markets, we believe our assets and growth prospects can resonate with an international audience. While a listing is subject to regulatory approvals and satisfying HKEX's requirements, we are optimistic about the opportunity to access a broader investor base and contribute to Canada's evolving role in global natural resource and energy markets."
About Kirkstone Metals Corp.
Kirkstone Metals is a Canadian mineral exploration company focused on uranium assets that support the global transition to clean, reliable and secure energy. The company's projects include the
Gorilla Lake uranium project
and the
Key Lake Road uranium project, both located within the Athabasca basin -- one of the world's most prolific uranium regions. Kirkstone is committed to responsible development, technical excellence and disciplined capital management.
We seek Safe Harbor.
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