It’s now official. Gold Mountain Mining (TSXV: GMTN) is moving to the Canadian big board, the Toronto Stock Exchange. The firm announced this morning that it has received final approval to list on the exchange, after revealing conditional approval earlier this month.
Gold Mountain will begin trading on the TSX as of tomorrow, November 23. The firm will remain under the same symbol, with shareholders of the company not required to take any action in relation to the transition.
As such, the company will be delisted from the TSX Venture as of the close of markets today.
“After commencing trading on the Venture only 11 months ago, graduating to the senior board marks an exciting achievement for our company and is testament to Management’s commitment to deliver shareholder value. By going into production with only 70 million shares issued and outstanding, a clear path to revenue and an updated resource estimate expected to be completed this fall, we plan on ending our first year of trading carrying serious momentum,” commented Kevin Smith, CEO of Gold Mountain.
Gold Mountain Mining last traded at $1.92 on the TSX Venture.
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