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Arcadia Minerals (ASX:AM7) lists on Frankfurt Stock Exchange

ASX News, Materials
ASX:AM7      MCAP $7.960M
22 November 2021 15:34 (AEST)

Workers in the field at Swanson tantalite project Source: Arcadia Minerals

Diversified exploration company Arcadia Minerals (AM7) has listed on the Frankfurt Stock Exchange (FSE) under the ticker code 8OH.

The FSE is one of Europe’s largest stock exchanges, with more than 50 per cent of the trades conducted through investors outside of Germany.

This listing expands Arcadia’s investor base and increases its exposure to the European market, especially with the company’s battery metals portfolio.

To generate awareness, Arcadia has engaged two well-known investor relation groups in Germany, German Mining Networks and Dr Reuter Investor Relations.

German Mining Networks has an extensive client base of high net-worth individuals, while Dr Reuter Investor Relations is tailored to small and microchip companies.

Executive Chairman Jurie Wessels is excited to be listed on the Frankfurt Stock Exchange.

“The listing allows us to possibly receive greater exposure in a market that places a high premium on green metals, and that values and understands the increasing necessity of exploration for elements such as lithium, nickel and copper,” Mr Wessels commented.

“Through its diversified battery metals exploration portfolio and its potential for conflict-free tantalum, we believe that Arcadia offers significant speculative appeal to European and German investors who wish to share in the excitement of exploring for these metals in Namibia and who may wish to invest in a country with which many Germans have close ties.”

Arcadia was up 9.3 per cent on the market, with shares trading at 23.5 cents at 3:34 pm AEDT.

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