Guyana Gold Corp. (“GGC”) is following in the footsteps of several other North American mineral resource companies that have chosen to be dually quoted on the Frankfurt Stock Exchange. This is a move that has proven useful for many organizations with respect to increasing international exposure and achieving corporate goals more rapidly. GGC is expected to complete the listing process in a matter of 2-3 weeks.
GGC President Eduard Aronov, commented, “The Frankfurt Exchange should have a major impact on the company’s ability to raise capital and to gain new institutional and private shareholders. In our opinion, the European market has a large appetite for the North American junior resource companies and we feel that the time is right to expand into this market.”
Just the latest in a series of exciting events, this news comes less than a month after GGC finalized a joint venture with Octagon Mining Corp. It was from this agreement that it acquired a 50 percent working interest in Octagon’s Port Kaituma, Guyana mineral project in exchange for the equivalent of $500,000 in GGC common stock. Overall, Guyana Gold is proving to be tenaciously adhering to its aggressive business strategy.
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