Azumah Resources Ltd (ASX:AZM) is pleased to advise that its Board has resolved to list the Company�s securities on the main board of the Toronto Stock Exchange and that this will take place shortly.
A dual listing will deliver a range of corporate and strategic benefits enabling Azumah to build on the strong base it has recently established in the North American market.
Azumah already has a number of blue chip institutions based in North American that are strongly represented on its share register and is also increasingly being covered by major brokers active on the TSX.
The listing will allow the Company to access a significant additional pool of sophisticated investors and funds in North America, many of whom are prevented by their mandates from purchasing non-TSX stocks.
There is strong support among North American investors for West African gold companies and explorers in general and the TSX listing is likely to increase the trading liquidity in Azumah shares and result in greater coverage of the Company among North American analysts.
"The TSX listing will be a superb complement to Azumah�s ASX listing, giving the Company exposure to investors throughout Australia and North America," Azumah Managing Director Stephen Stone said.
"Investors in these countries traditionally have an immense appetite for exploration companies, particularly those in the gold business, helping to ensure Azumah performs as strongly on the sharemarket as it does in the field.
�The dual listing is another key milestone for Azumah as it finalises the feasibility study on its 1.2Moz Wa Gold Project in Ghana and prepares to become a gold producer."
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