| 05/01/2015: Hong Kong Dual Listing | |
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ACN. 000 317 251
MARKET RELEASE 5th January 2015
HONG KONG DUAL LISTING
The Company is pleased to announce that CuDeco has appointed the Management Team which includes independent professional advisors in Hong Kong for the listing of CuDeco Ltd Securities onto the Main Board of the Hong Kong Stock Exchange. The Board considers such professional advisors are of significant experience and qualification to assist the Company in its proposed listing on the Hong Kong Stock Exchange. The listing in Hong Kong will be a dual listing for CuDeco which will allow trading of CuDeco securities on both the Australian and Hong Kong Stock Exchanges. The Company does not intend to raise any fresh equity from the Hong Kong listing.
This new chapter in CuDeco's history has always been a focus of the Company's long-term plans and goals.
The dual listing for CuDeco in HK will open new avenues and allow CuDeco to pursue future opportunities in Australia and elsewhere, as we move forward to develop CuDeco long term plan by developing our Company into a major mining house. Hong Kong is the financial hub of Asia and the listing will position the company on a major global platform providing access to global institutional investors wanting to take advantage of the potential opportunities in the mining and metals industry in Australia during these times.
Shareholders of CuDeco can, at their own decisions have their securities listed in Hong Kong or Australia and can buy and sell CuDeco securities through your Australian or Hong Kong Stockbroker. A detailed explanation will be sent to all CuDeco shareholders as we get closer to the listing date.
The Companies and Independent Professional Advisors have been formally appointed and mandated to assist as required under the guidance of the appointed and mandated teams for the Listing of the CuDeco Ltd Securities on the Main Board of the Hong Kong Stock Exchange
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A copy of the Prospectus will be made available to current shareholders on completion of the final printing of the document and lodgement and approval from the HKSE and Regulators.
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Board of Directors.
Unit 34, Brickworks Annex,19 Brolga Avenue, SOUTHPORT 4215
Phone: +617 5503 1955 Facsimile: +617 5503 0288
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CuDeco Limited
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EXPLORATION STAGE |
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CODE : CDU.AX |
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ISIN : AU000000CDU1 |
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CuDeco is a copper producing company based in Australia. CuDeco holds various exploration projects in Australia. Its main exploration properties are LAS MINERALE and ROCKLANDS in Australia. CuDeco is listed in Australia. Its market capitalisation is AU$ 90.7 millions as of today (US$ 62.0 millions, € 55.9 millions). Its stock quote reached its highest recent level on August 13, 2010 at AU$ 4.38, and its lowest recent point on February 09, 2018 at AU$ 0.20. CuDeco has 394 280 000 shares outstanding. |