Column: After three years of exports China is now short of lead
The global lead market has bifurcated since the start of June, with Shanghai prices significantly outperforming that of the LME.
Vancouver-based mineral exploration and development company Goldrea Resources said Tuesday it has received approval to list its common shares on the Canadian Securities Exchange under the trading symbol “GOR.”
Concurrently, Goldrea will be delisting from the TSX Venture Exchange at market close Wednesday. The company’s common shares will begin trading on the CSE on Thursday.
The company’s full press release follows.
Goldrea Resources Corp. (“Goldrea” or the “Company”) is pleased to announce that it has obtained approval to list its common shares on The Canadian Securities Exchange (“CSE”). Goldrea’s common shares will trade on the CSE under the trading symbol “GOR”. Concurrent with the listing on the CSE, Goldrea will be de-listing from the TSX Venture Exchange at market close on Wednesday, July 30, 2014. The Company’s common shares will commence trading on the CSE on Thursday, July 31, 2014.
James Elbert comments, “By selling the Rushan/Daye property in China earlier this year, the Company extinguished approximately four million dollars of debt. This allows Goldrea to focus on mineral projects in North America and places the company in a positive cash position. Along with developing our core holdings, we plan to explore the current ripe environment for deeply discounted quality properties. Our move to the CSE is a positive step in the Company’s administration, and we look forward to robust growth in the coming years.”
About Goldrea Resources Corp.
Goldrea Resources Corp. is a mineral exploration and development company that is engaged in the acquisition, exploration and development of mineral properties in North America.
Comments
Matt
Pleased to announce that it is delisting from the TSX to the C. LOL