Red Metal Resources Announces Trading on Frankfurt Stock Exchange
Red Metal Resources (CSE: RMES, OTC PINK: RMESD) announced that its common shares are now listed on the Frankfurt Stock Exchange (FSE) under the symbol I660. The trading commenced on June 7, 2024. This new listing extends Red Metal's reach to European investors, enhancing liquidity and shareholder base. The company focuses on acquiring, exploring, and developing copper-cobalt-gold assets in Chile's Candelaria IOCG belt. Red Metal shares are also listed in Canada and the US, aiming to build value for shareholders by leveraging broader market access.
- Red Metal shares listed on FSE, expanding investor reach.
- Listing on the largest stock exchange in Germany, enhancing visibility.
- Increased liquidity expected from the European market.
- Potential to attract new European shareholders.
- Continued focus on valuable mining assets in Chile.
- No immediate financial gain from the listing announcement.
- Risks associated with expanding into new markets.
Vancouver, British Columbia--(Newsfile Corp. - June 7, 2024) - RED METAL RESOURCES LTD. (CSE: RMES) (OTC PINK: RMESD) ("Red Metal" or the "Company"), is pleased to announce its common shares are now listed on the Frankfurt Stock Exchange ("FSE") under the symbol "I660". Red Metal's shares officially began trading on the FSE on Friday, June 7, 2024. With listings in Canada, the US and Germany, Red Metal Resources is able to reach an audience of investors throughout North America and Europe.
The FSE is the largest out of the seven stock exchanges in Germany. It is also one of the largest trading exchanges in the world.
Red Metal's CEO, Gregg Jensen, stated: "We anticipate that Red Metal's listing on the FSE will further strengthen liquidity, while also giving European investors the opportunity to become shareholders in the Company. On behalf of the Board, we are pleased to have Red Metal listed on yet another exchange, and we look forward to continue building value for our shareholders."
About Red Metal Resources Ltd.
Red Metal Resources is a mineral exploration company focused on growth through acquiring, exploring and developing copper-cobalt-gold assets in Chile. The Company's projects are located in the prolific Candelaria iron oxide copper-gold (IOCG) belt of Chile's coastal Cordillera. Red Metal is quoted on the CSE under the symbol RMES and on OTC Link alternative trading system on the OTC Pink marketplace under the symbol RMESF.
For more information, visit www.redmetalresources.com
Contact:
Red Metal Resources Ltd.
Gregg Jensen, CEO
1-866-907-5403
gregg.jensen@redmetalresources.com
www.redmetalresources.com
Forward-Looking Statements - All statements in this press release, other than statements of historical fact, are "forward-looking information" within the meaning of applicable securities laws including, without limitation statements related to the Offering, Debt Settlement and expected use of proceeds. Red Metal provides forward-looking statements for the purpose of conveying information about current expectations and plans relating to the future and readers are cautioned that such statements may not be appropriate for other purposes. By its nature, this information is subject to inherent risks and uncertainties that may be general or specific and which give rise to the possibility that expectations, forecasts, predictions, projections or conclusions will not prove to be accurate, that assumptions may not be correct and that objectives, strategic goals and priorities will not be achieved. These risks and uncertainties include but are not limited to the ability to raise adequate financing, receipt of required approvals, as well as those risks and uncertainties identified and reported in Red Metal's public filings under its SEDAR+ profile at www.sedarplus.ca. Although Red Metal has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Red Metal disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise unless required by law.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/212204
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