- Probe Metals (PRB) has received conditional approval to graduate to the Toronto Stock Exchange (TSX)
- The move to the TSX comes as the company transitions from an explorer to an explorer/developer
- The company is also undertaking a rebranding that includes a name change to Probe Gold Inc
- Probe Metals Inc. is a leading Canadian gold exploration company focused on the acquisition, exploration, and development of highly prospective gold properties
- Probe Metals Inc. (PRB) opened trading at $1.54
Probe Metals (PRB) has received conditional approval to begin trading on the Toronto Stock Exchange (TSX).
The common shares of Probe have been trading on the TSX Venture Exchange (TSXV).
The move to the TSX comes at the right time in the company’s evolution as it transitions from an explorer to an explorer/developer.
The TSX is the largest and most established stock exchange in Canada. Trading on the TSX will provide Probe with a wider audience and additional investor and financing opportunities.
In addition to the new TSX listing, the company is undertaking a rebranding that includes a name change to Probe Gold Inc. The re-branding will better reflect the company’s role as a leading Canadian gold explorer and developer.
This includes a project name change from Val-d’Or East to Novador, which exemplifies its position as one of the region’s newest and brightest gold exploration and development projects in Canada.
“From its formation in 2015, following the acquisition of its predecessor by Newmont (Goldcorp), Probe has been successful in finding another world-class gold deposit in Canada,” said David Palmer, President and CEO of Probe.
“Our graduation to the TSX is an exciting step in this growth and will elevate the company by providing a wider audience and giving us more access to investors and capital market opportunities,” he added.
The company anticipates the common shares will begin trading on the TSX on or about January 23, 2023, and will continue to trade on the TSX under the symbol “PRB” and on the OTCQB under the symbol “PROBF.”
Final approval of the listing is subject to the company meeting certain customary conditions required by the TSX.
The name change will take effect, and the company’s common shares will begin trading under the name Probe Gold Inc. on Friday, January 13, 2023.
The new CUSIP number assigned to the common shares following the name change is 74290F100.
The company has promoted Seema Sindwani as Vice President, Investor Relations (IR), in recognition of her success in leading investor relations at Probe.
Probe Metals Inc. is a leading Canadian gold exploration company focused on the acquisition, exploration, and development of highly prospective gold properties.
Probe Metals Inc. (PRB) opened trading at $1.54.