K92 Mining (TSXV: KNT) has been conditionally approved to up list to the Toronto Stock Exchange. The company made the announcement this morning, identifying that the move is a significant milestone for the firm.
While conditional approval was granted, the company elected to not provide an estimated timeline for when the move to the Canadian big board will actually happen. Instead, it simply said that the uplisting is subject to the company meeting certain “customary conditions.”
K92 has indicated that it will continue to trade under the same “KNT symbol once the move is complete. A further update is to be released once the firm has confirmed a listing date.
Commenting on the announcement, CEO John Lewins commented, “We believe that the listing is recognition of the substantial growth and strong performance achieved to date. As we focus on executing our growth strategy, this graduation to the TSX will also allow us to expand our investor audience, encourage new investors and improve the liquidity of our shares.“
K92 Mining last traded at $7.19 on the TSX Venture.
Information for this briefing was found via Sedar and K92 Mining. The author has no securities or affiliations related to these organizations. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.
How it Works: Order Spoofing, Part Two – Spoofing In The Small Cap Sector
JP Morgan’s $920 million fine for having manipulated gold markets with order spoofing was widely...