Business
Listing on Astana Int. Exchange in Kazakhstan
Listing on Astana Int. Exchange in Kazakhstan.
About this update from Ferro-alloy Resources Ltd.
[{"type":"text","content":"\n \nRNS Number : 1393Z Ferro-Alloy Resources Limited 08 January 2020 \n\n \nFerro-Alloy Resources Limited / Index: LSE / Epic: FAR / Sector: Natural Resources\n \n8 January 2020\nFerro-Alloy Resources Limited\n(\"Ferro-Alloy\" or \"the Company\")\n \nListing of Ordinary Shares on Astana International Exchange in Kazakhstan\n \nFerro-Alloy Resources Limited, the vanadium mining and processing company with operations based in Southern Kazakhstan, is pleased to announce that its Ordinary Shares have been listed today on the Astana International Exchange (\"AIX\") in Kazakhstan. \n \nFerro-Alloy shares will be traded under the ticker FAR with quotation and settlement in US dollars, and will be fully fungible between shares traded on the London Stock Exchange (LSE: FAR). \n \nNick Bridgen, CEO, commented: \n\"We are very pleased to be admitted to listing on the AIX. We see the AIX as strong platform that will allow the Company to capture interest from investors who we expect to be encouraged by the AIX's use of the English language and English law, and its compatibility with the rules of the London Stock Exchange.\"\n \nKASE Listing\nApplication has been made to the Kazakhstan Stock Exchange (\"KASE\") seeking a cancellation of admission of trading of Ordinary Shares on KASE. A further announcement will be made in due course. \n \n \nFor further information, visit www.ferro-alloy.com or contact:\n \n\n\n\nFerro-Alloy Resources Limited\n\n\nNick Bridgen (CEO)\n\n\[email protected]\n \n\n\n\n\nShore Capital Stockbrokers Limited Corporate (Broker)\n\n\nJerry Keen / Toby Gibbs\n\n\n+44 207 408 4050\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nSt Brides Partners Limited\n(Financial PR & IR Adviser)\n\n\nCatherine Leftley/Priit Piip\n \n\n\n+44 207 236 1177\n\n\n\n \nFurther information about Ferro-Alloy Resources Limited\n \nThe Company's operations are all located at the Balasausqandiq deposit in Kyzylordinskaya Oblast in the South of Kazakhstan. Currently the Company has two main business activities:\n \n(a) the Balasausqandiq Vanadium Project (the \"Project\"); and \n(b) a vanadium concentrate processing operation (the \"Existing Operation\")...