- Arcadia Minerals has successfully listed on the Frankfurt Stock Exchange under the stock code, 8OH.
- The successful listing on the Frankfurt stock exchange enhances Arcadia’s reach to investors and its exposure to European markets.
- The company’s share surged over ~9% to AU$0.235 a share during early trade on 22 November 2021.
Shares of Arcadia Minerals Limited (ASX:AM7) surged over ~9% to AU$0.235 a share during early trade on 22 November 2021 following the release of a significant update by the company.
The Namibia-focused minerals exploration company announced its successful listing on the Frankfurt Stock Exchange under ticker code, DAX:8OH. Arcadia focuses on a promising suite of projects prospective for Lithium, Tantalum, Nickel, Copper and Gold in Namibia.
Arcadia gains access to European Investors
The successful listing on the Frankfurt stock exchange enhances Arcadia’s reach to investors and its exposure to European markets, which are complimentary given the company’s large exposure to significant battery metals opportunities.
Commenting on the significant update, Jurie Wessels, Executive Chairman of Arcadia, said -
“The listing allows us to possibly receive greater exposure in a market that places a high premium on green metals, and that values and understands the increasing necessity of exploration for elements such as Lithium, Nickel and Copper. Through its diversified battery metals exploration portfolio and potential for conflict-free Tantalum, we believe that Arcadia offers significant speculative appeal to the European and German investors who wish to share in the excitement of exploring these metals in Namibia and who may wish to invest in a country with which, many Germans have close ties.”
The Frankfurt Stock Exchange is one of the stock exchanges in Europe and over 50% of the trade on the exchange is carried out by investors from countries other than Germany. Arcadia has already involved two renowned Investor Relations groups in Germany, German Mining Networks GmbH, and Dr Reuter Investor Relations, to assist on the promotional marketing front to raise awareness about the company.
Source: Arcadia Minerals
German Mining Networks GmbH has an extensive and esteemed client base of High-net-worth individuals (HNI) from Europe and will offer Arcadia the opportunity to present its asset portfolio. Most recently, German Mining was involved with Namibia-focused oil exploration company Reconnaissance Energy Africa Ltd (TSX-V: RECO).
Dr Reuter Investor Relations offers an impressive investor relations (IR) package, customised to fit requirements of Small and MicroCap Companies and assists in attracting important target groups from SmallCap-Investors, Family Offices, High-Net-Worth Individuals and Retail Investors, using the German Financial Press, German Analysts and other investment media offerings.
Most recently, Dr Reuter worked with companies like Vulcan Energy Resources Ltd (ASX: VUL), which recorded an impressive rise in trading volumes at the German stock exchange during the tenure of their relationship.