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Premium Resources Aims for Nasdaq Listing to Boost Growth Strategy

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North American Nickel ( (DE:R10) ) just unveiled an update.

Premium Resources Ltd. has announced its intention to list its common shares on the Nasdaq Capital Market, aiming to enhance its growth strategy in the critical metals supply chain. The company will seek shareholder approval for a consolidation of its common shares to meet Nasdaq’s listing requirements, with a proposed ratio of up to 20:1. This move is part of Premium’s strategy to accelerate shareholder value and requires approval from the TSX Venture Exchange.

More about North American Nickel

Premium Resources Ltd. is a mineral exploration and development company focused on the redevelopment of previously producing nickel, copper, and cobalt mines in the Republic of Botswana. The company is committed to transparent governance and has a skilled team with extensive experience in resource discoveries, mine development, and re-engineering.

Average Trading Volume: 1,385

Technical Sentiment Signal: Sell

Current Market Cap: €117.7M

Learn more about R10 stock on TipRanks’ Stock Analysis page.

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