Standard Gold Mines Plc
Standard Gold Mines Plc Considers Xetra Trading Platform Application
Standard Gold Mines, PLC. / Key word(s): Regulatory Admission Standard Gold Mines Plc Considers Xetra Trading Platform Application Standard Gold Mines Plc quoted on the Frankfurt Stock Exchange, ticker symbol (H5L.F) today announced that it intends to file an application to list is capital stock for quotation and trading on the Xetra Electronic Trading Platform. 'Equities, quoted on the Xetra Electronic Trading Platform, account for a significant percentage of the average daily trading volume of the companies listed on the Frankfurt Stock Exchange', noted Bob Thele, President of Standard Gold Mines Plc. 'which could contribute additional liquidity to our company's stock upon trading approval '. 'In addition, our market maker Renell Wertpapierhandelsbank AG, will be engaged as the company's Designated Sponsor, responsible for the provision of additional market liquidity improving trading and price determination of our securities' stated Mr. Thele. About Standard Gold Mines: Standard Gold Mines Plc has a mandate to aggregate precious metal mining properties into a portfolio of profitable and commercially viable business assets. The properties sought are both current producing or former producing mines, located in an economically favorable and politically stable jurisdictions, with existing attractive mining codes. As a result, funding procurement from capital markets will be focused on precious metals production. Safe Harbor Statement: The statements contained in this Press Release that are not historical may contain forward looking statements that could involve a number of risks and uncertainties. Actual events or results could differ materially from the company's expectations and projections. Contact Us: please visit our website at www.standardgoldmines.com End of Corporate News 05.01.2011 Dissemination of a Corporate News, transmitted by DGAP – a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP’s Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de |
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