EXTRACT
RESOURCES: ASX Announcement
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QUARTERLY 21 11 October 2007
Extract to list on the Toronto Stock Exchange
on 22th
October
Extract Resources Ltd (Extract) is pleased to
announce that the Toronto Stock Exchange (TSX) has approved the listing of
Extract’s ordinary shares, to be effective from Monday 22nd
October 2007.
Extract will maintain its existing listing on the Australian Stock
Exchange (ASX) as its primary listing. The stock symbol for Extract’s
ordinary shares is the same for both the TSX and the ASX – namely
‘EXT’.
Extract has a broad international spread of shareholders, with a
growing presence in the northern hemisphere. The Company believes that the
TSX listing will provide an active market for shareholders through the
secondary market, and which will support the Company’s financing
objectives through the progression of its project development phase.
In March 2007, Extract completed a private placement, AUD $15m via
institutional investors through Haywood Securities out of Toronto. The
offering was well received indicating strong interest in the Company’s
activities. There will not be a capital raising associated with the TSX
listing.
Extract’s Chairman, Toronto-based Bob Buchan said, "The
dual listing on the TSX represents an important milestone in the development
of Extract in the uranium mining industry. We believe the listing will be
beneficial to all shareholders as Extract moves to the next phase of its
corporate strategy".
Detailed information on all of the Company’s activities can be
found on the Extract website at www.extractresources.com or by
contacting:
Peter McIntyre
Managing Director
or
Richard Henning
Investor Relations
(08) 9367 2111
rhenning@extractresources.com
Download the full ASX announcement by clicking here.
Extract Resources Limited (ABN 61 057 337 952)
30 Charles Street South Perth WA
6151 • P.O.
Box 752 South Perth WA 6951
Telephone: +61 (08) 9367 2111 •
Facsimile: +61 (08) 9367 2144 • reception@extres.com.au
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