Eclipse Metals Ltd.

Eclipse Commences Trading on Frankfurt Stock Exchange

Eclipse Metals Ltd (ASX: EPM) (Eclipse or the Company) is pleased to announce it has commenced trading on Frankfurt Stock Exchange under the ticker [FSE: 9EU].


Highlights
  • Dual listing in Frankfurt supports Eclipse’s strategy of broadening overseas investor base to engage with European investors and stakeholders
  • Facilitates access for retail investors from European and Scandinavian countries
  • Promotes corporat profile in Europe and trading liquidity
  • Enhances ability to engage with large and sophisticated investors in Europe
  • Australian Securities Exchange (ASX) will continue to be Eclipse’s primary exchange.

Eclipse has appointed Frankfurt-based DGWA, the German Institute for Asset and Equity Allocation and Valuation (Deutsche Gesellschaft für Wertpapieranalyse GmbH) as its investor relations and corporate advisor in Europe.

Frankfurt Stock Exchange is the largest of Germany’s trading exchanges and the second largest stock exchange in Europe.

DGWA will assist Eclipse to engage with retail, institutional and large private investors in the German speaking DACH region (Germany, Austria, and Switzerland) with a population of close to 100 million people, as well as the rest of Europe and the United Kingdom.

DGWA will assist Eclipse with expanding its European profile for investor and stakeholder awareness of the Company’s activities at its Ivigtût project in Greenland.

Eclipse Metals Executive Chairman Carl Popal said: “Eclipse Metals has attracted considerable interest from investors outside Australia and in particular Scandinavian regions where there is an awareness of the Company’s projects. Greenland hosts a quarter of the world’s rare earth minerals in a favourable mining jurisdiction, and we expect increased interest from European investors, stakeholders and OEMs as project development work continues.

DGWA CEO Stefan Müller said,We are excited to be partnering with Eclipse Metals in Europe. The Company is at a pivotal stage with the recent announcement of rare earth element (REE) results from the Ivigtût and Grønnedal targets in Greenland. The interest from European investors in Companies with REE projects in Tier 1 jurisdictions such as Greenland is particularly strong. We will further assist the Company with memberships and engagement with relevant European organisations and stakeholders.

Click here for the full ASX Release

This article includes content from Eclipse Metals, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.

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