Capstone intends to apply to list as a Foreign Exempt Issuer on the Australian Securities Exchange (“ASX”) during the first quarter of 2024. The Company has grown a substantial investor base in the Asia Pacific region and this strategy will broaden Capstone’s exposure within these markets. The Company does not intend to raise capital as part of the listing on the ASX and Capstone’s common shares will continue trading on the Toronto Stock Exchange, its primary listing.
The ASX is a premium market with a long track record as a platform for mining companies. It provides a deep and liquid pool of sophisticated investors and market participants who are limited or restricted to only ASX-listed issuers and have a strong understanding of the mining business.
