Business
Teck Cominco to list on New York Stock Exchange June 29
Teck Cominco to list on New York Stock Exchange June 29.
About this update from Teck Resources Limited Class A
[{"type":"text","content":"\n\n\n\n\nVANCOUVER, June 14 /CNW/ - Teck Cominco Limited announced today that it\nhas been authorized to list its Class B subordinate voting shares on the New\nYork Stock Exchange. The listing is expected to become effective on June 29,\n2006. The Class B subordinate voting shares will trade on the New York Stock\nExchange under the ticker symbol \"TCK\". On June 29, the symbols for Teck\nCominco's Class A common shares and Class B subordinate voting shares on The\nToronto Stock Exchange will change to \"TCK.A\" and \"TCK.B\" respectively.\nTeck Cominco President and Chief Executive Officer, Don Lindsay said: \"A\nNew York listing is consistent with our objective of maximizing value for all\nshareholders. The greater liquidity we expect for the Class B shares and\nincreased visibility for the company in the United States will enhance our\nability to execute our strategy.\"\nTeck Cominco is a diversified mining company, headquartered in Vancouver,\nCanada. Shares are currently listed on the Toronto Stock Exchange under the\nsymbols TEK.A and TEK.B. The company is a world leader in the production of\nzinc and metallurgical coal and is also a significant producer of copper,\ngold, indium and other specialty metals. Further information can be found at\nwww.teckcominco.com.\n\nForward-Looking Statements\n\nThis press release contains certain forward-looking statements within the\nmeaning of the United States Private Securities Litigation Reform Act of 1995\nand forward-looking information within the meaning of the Ontario Securities\nAct. Forward-looking statements can be identified by the use of words such as\n\"plans\", \"expects\" or \"does not expect\", \"is expected\", \"budget\", \"scheduled\",\n\"estimates\", \"forecasts\", \"intends\", \"anticipates\" or \"does not anticipate\",\nor \"believes\", or variation of such words and phrases or state that certain\nactions, events or results \"may\", \"could\", \"should\", \"would\", \"might\" or\n\"will\" be taken, occur or be achieved. Forward-looking statements involve\nknown and unknown risks, uncertainties and other factors which may cause the\nactual results, performance or achievements of Teck Cominco to be materially\ndifferent from any future results, performance or achievements expressed or\nimplied by the forward-looking statements. These forward-looking statements\ninclu...