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Unigold Inc. Announces being Listed on the Dubai International Financial Exchange (DIFX)
Unigold Inc. Announces being Listed on the Dubai International Financial Exchange (DIFX).
About this update from Unigold Inc.
[{"type":"text","content":"\n\n\n\n/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR\n\n\nDISSEMINATION IN THE UNITED STATES/\n\n\nTORONTO and DUBAI, Oct. 22 /CNW/ - Unigold Inc. ("Unigold" or the\n"Company") (TSX-V: UGD) is proud to announce that the Company will be listed\non the DIFX as of today's date, thus making available the trading of its\nshares in the Gulf Region of the Middle East. The following press release was\nmade today by the DIFX authority,\n\n\nQuote\n\nUNIGOLD OF CANADA IS FIRST NORTH AMERICAN COMPANY TO LIST ON DUBAI\n INTERNATIONAL FINANCIAL EXCHANGE\n\n\nOctober 22, 2007 - Unigold Inc., a Canadian gold exploration and mining\ncompany, listed today on the Dubai International Financial Exchange (DIFX). It\nis the first North American company to choose the DIFX for a listing and the\nfourth company to do so in the gold mining sector.\n\n\nUnigold is exploring for gold on its 226 square kilometers concession in\nthe Dominican Republic and has a reconnaissance license to explore for\nminerals anywhere in Saudi Arabia. The Company is already listed on the TSX\nVenture Exchange in Toronto and its largest shareholder is the Saudi Arabian\ncompany Shairco for Trading, Industry & Contracting Company.\n\n\nDr. Ibrahim Eitani, President and Chief Executive of Unigold, said:\n"Unigold's exploration in the Dominican Republic is yielding exciting gold\nprospects and this is an appropriate time to raise our profile with investors\nin the DIFX's region.\n\n\n"We are also preparing to carry out activities in Saudi Arabia and\nelsewhere while seeking potential projects for merger/acquisition."\n\n\nPer E. Larsson, Chief Executive of the DIFX, said: "This first listing by\na North American company underlines the international appeal of the DIFX,\nwhich now has 12 equity listings from issuers in five continents. Our issuer\nbase offers unique opportunities to investors in our region and beyond."\n\n\nComputershare, an international share registry, will enable trading on\nthe DIFX to take place in the same pool of ordinary shares that is listed on\nthe TSX Venture Exchange, through a settlement link.\n\n\nHamed Ali, Executive Officer of the DIFX, said: "As an international\ncompany with strong connections to the region, Unigold is an excellent example\nof an issuer that can benefit from ...