- Corvus Gold (KOR) has been approved to list on the Nasdaq Capital Markets exchange under the symbol KOR
- The company will delist from the OTCQX at the end of trading on August 11, but will remain trading on the TSX
- Corvus will be only the sixth gold equity to list on the Nasdaq stock exchange
- the company is currently developing the Motherlode and North Bullfrog projects in Southern Nevada
- Corvus Gold (KOR) is down 1.2 per cent and is trading at C$3.98 per share
Corvus Gold (KOR) has been approved to list on the Nasdaq Capital Markets exchange under the symbol KOR.
Corvus will leave the OTCQX on August 11, and will begin trading on the Nasdaq August 12. Meanwhile, Corvus will continue to trade on the TSX.
Corvus has a market cap of approximately C$490 million and will be the sixth gold equity to list on the exchange.
Corvus is currently developing the North Bullfrog project and the Motherlode project in Nevada, which cover 127 kilometres and hosts two significant major gold discoveries alongside a host of formerly producing mines.
Jeffrey Pontius, the President and CEO of Corvus Gold commented on the listing.
“The rare feat of up-listing to a major, well recognised exchange gives the company increased access to the largest pool of investor capital in the world.
“The Nasdaq is known to be in the forefront of exhibiting exciting, growth-orientated companies and we at Corvus believe our exploration activity and efforts showcase these traits.
“As the gold market continues to show strength, an increased exposure to a boarder audience could bring more value to a shareholders,” he said.
Corvus Gold (KOR) is down 1.2 per cent and is trading at $3.98 per share at 1:00 pm EDT.