Mineros SA IPO: How to buy the mining stock eyeing TSX listing?

2 min read | September 23, 2021 12:58 AM AEST | By Raza Naqvi

Mineros SA IPO: How to buy the mining stock eyeing TSX listing? — Image source: © Nelsonpeng/Megapixl.com

All you need to know about Mineros and its upcoming IPO

While announcing the decision to go public in Canada, Andrés Restrepo Isaza, President and CEO of the company said that Mineros had established itself as a successful gold mining company with a history of delivering strong dividends to the investors on the Colombian Stock Exchange.

Mineros is looking to debut on the Toronto Stock Exchange (TSX).

As per the TSX policies, individual and majority voting is required to get listed on the stock exchange.

As there is no assurance that the TSX will list the shares of the mining company, interested investors will have to wait for the final approval.

Also Read: Elite World IPO: How to buy this Julia Haart-backed firm's stock?

Colombia-based Mineros SA is planning to go public in Canada

Bottom line

The Colombian mining company is planning for an initial public offering in Canada as it could use the money raised in gross proceeds to repay the debts caused by the loan. Mineros had taken a loan to complete the acquisition of Hemco, a mineral exploration company.

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