Business
Makenita Resources Initiates USA Listing Process
Vancouver, British Columbia--(Newsfile Corp. - March 19, 2025) - Makenita Resources Inc. (CSE: KENY) (WKN: A40X6P) (the "Company" or "Makenita") is excited to a
About this update from Makenita Resources, Inc.
[{"type":"text","content":" Vancouver, British Columbia--(Newsfile Corp. - March 19, 2025) - Makenita Resources Inc. (CSE: KENY) (WKN: A40X6P) (the \"Company\" or \"Makenita\") is excited to announce that it has initiated the process to secure a listing on a U.S. exchange and obtain DTC eligibility. This follows the recent receipt of its German trading symbols, WKN: A40X6P and ISIN: CA5609251098, which now allows European shareholders-both existing and new-to trade Makenita shares directly within their local markets. With the upcoming U.S. listing, Makenita will expand its accessibility, enabling shareholders from North America and around the globe to trade more easily, further enhancing liquidity and broadening market reach. Jason Gigliotti, President of Makenita, commented, \"Securing a U.S. listing is a significant milestone, opening access to the world's largest financial market. This move, coupled with our recent German listing, is pivotal in sharing Makenita's story with a global audience. To complement this, we plan to allocate a portion of our marketing efforts toward building our presence in the U.S. and European markets. Moreover, with our Ontario silver/cobalt project poised to start development amid a surge in cobalt and silver prices-cobalt reaching nearly double its price in March and silver at a 15-year high-we are particularly excited about the future. With less than 28 million shares outstanding, Makenita's tight share structure means that any success in our exploration projects could lead to outsized returns for shareholders. We are optimistic about Makenita's prospects for the remainder of 2025.\" About Makenita Resources Inc. Makenita currently has rights in and to the Hector Silver/Cobalt Property, consisting of 126 contiguous unpatented mineral claims totalling 2,243 hectares (5,542-acres), located within the Coleman and Gillies Limit Townships, Larder Lake Mining Division, Timiskaming District, Ontario, Canada. Makenita Resources Inc. \"Jason Gigliotti\" Jason GigliottiPresident, Chief Executive Officer and Director For more information regarding this news release, please contact: Makenita Resources Inc.Jason Gigliotti, President, CEO and DirectorT: 604-609-6527E: [email protected]: www.makenitaresources.com The CSE has neither approved nor disapproved of the contents of this press release. Forward Looking Statement...