08:19:52 EDT Sun 19 May 2024
Enter Symbol
or Name
USA
CA



Resouro Gold Inc
Symbol RAU
Shares Issued 46,728,289
Close 2023-06-09 C$ 0.20
Market Cap C$ 9,345,658
Recent Sedar Documents

Resouro shares begin trading on Tradegate Exchange

2023-06-09 17:29 ET - News Release

Mr. Chris Eager reports

RESOURO COMMENCES TRADING ON GERMANY'S TRADEGATE EXCHANGE AND APPOINTS EUROPEAN CORPORATE ADVISOR

Resouro Gold Inc.'s shares are trading on Germany's Tradegate Exchange under the ticker BU9, and the company has appointed DGWA as European corporate adviser.

Tradegate is a fully regulated German trading exchange, 60 per cent owned by Deutsche Borse AG. The exchange facilitates trading in over 10,000 securities from around the world. It is the primary exchange for the retail share trading for large German and French banks such as Deutsche Bank, Commerzbank and BNP and many of the European on-line brokers.

This listing complements the trading on the Frankfurt Stock Exchange, and facilitates European investors being able to purchase and trade Resouro's shares with low transaction costs.

To enhance its European efforts, Resouro has appointed Frankfurt-based DGWA, the German Institute for Asset and Equity Allocation and Valuation, as its investor relations and corporate adviser in Europe.

DGWA will assist the company to engage with retail, institutional and large private investors in the German-speaking DACH region (Germany, Austria and Switzerland) with a population of close to 100 million people, as well as the rest of Europe and the United Kingdom.

The European adviser will also assist Resouro with expanding its European profile for investor and stakeholder awareness of the exploration activities on the company's Tiros titanium/rare-earth-element project and Novo Mundo gold project in Brazil.

Stefan Muller, chief executive officer of DGWA, commented: "We are excited to be partnering with Resouro Gold to introduce the company to European investors and corporates. The global demand for rare earths, which are used in a range of applications from permanent magnets for [electric vehicles] to renewable energy devices, has increased significantly in recent years. To meet the worldwide decarbonization goals, the demand for rare earth elements may see as much as a 300- to 700-per-cent increase by 2040. Resouro is well positioned with its Tiros titanium and rare earth project to benefit from this demand increase, with the project's near-surface mineralization and excellent infrastructure."

About Resouro Gold Inc.

Resouro is a Canadian-based mineral exploration and development company focused on the discovery and advancement of economic mineral projects in Brazil, including the Novo Mundo gold project in Mato Grosso and the Tiros titanium/rare-earth-element project in Minas Gerais.

We seek Safe Harbor.

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