Eclipse Commences Trading on Frankfurt Stock Exchange
Highlights
- Dual listing in Frankfurt supports Eclipse’s strategy of broadening overseas investor base to engage with European investors and stakeholders
- Facilitates access for retail investors from European and Scandinavian countries
- Promotes corporate profile in Europe and trading liquidity
- Enhances ability to engage with large and sophisticated investors in Europe
- Australian Securities Exchange (ASX) will continue to be Eclipse’s primary exchange.
January 4, 2023 – Eclipse Metals Ltd (ASX: EPM) (Eclipse or the Company) is pleased to announce it has commenced trading on Frankfurt Stock Exchange under the ticker [FSE: 9EU].
Eclipse has appointed Frankfurt-based DGWA, the German Institute for Asset and Equity Allocation and Valuation (Deutsche Gesellschaft für Wertpapieranalyse GmbH) as its investor relations and corporate advisor in Europe.
Frankfurt Stock Exchange is the largest of Germany’s trading exchanges and the second largest stock exchange in Europe.
DGWA will assist Eclipse to engage with retail, institutional and large private investors in the German speaking DACH region (Germany, Austria, and Switzerland) with a population of close to 100 million people, as well as the rest of Europe and the United Kingdom.
DGWA will assist Eclipse with expanding its European profile for investor and stakeholder awareness of the Company’s activities at its Ivigtût project in Greenland.
Eclipse Metals Executive Chairman Carl Popal said: “Eclipse Metals has attracted considerable interest from investors outside Australia and in particular Scandinavian regions where there is an awareness of the Company’s projects. Greenland hosts a quarter of the world’s rare earth minerals in a favourable mining jurisdiction, and we expect increased interest from European investors, stakeholders and OEMs as project development work continues.”
DGWA CEO Stefan Müller said, “We are excited to be partnering with Eclipse Metals in Europe. The Company is at a pivotal stage with the recent announcement of rare earth element (REE) results from the Ivigtût and Grønnedal targets in Greenland. The interest from European investors in Companies with REE projects in Tier 1 jurisdictions such as Greenland is particularly strong. We will further assist the Company with memberships and engagement with relevant European organisations and stakeholders.
Eclipse is committed to developing a strong ESG framework for the Greenland projects to include minimal environmental impact, developing and preserving local Ivigtût history, assistance to restore the Ivigtût Mining Museum and use of renewable power where possible.
About DGWA Deutsche Gesellschaft für Wertpapieranalyse GmbH (DGWA), the German Institute for Asset and Equity Allocation and Valuation, is a boutique European investment and financial markets consulting firm based in Frankfurt and Berlin, Germany. The management team has a 25-year track record in trading, investing, and analysing SMEs around the world. DGWA has been involved in over 250 IPOs, financings, bond issues, dual listings, and corporate finance transactions as well as corresponding road shows and awareness campaigns.
Authorised for release by the Board
Carl Popal
Executive Chairman
Oliver Kreuzer
Non-Executive Director
http://www.eclipsemetals.com.au/
About Eclipse Metals Ltd (ASX: EPM)
Eclipse Metals Ltd is an Australian exploration company focused on exploring south-western Greenland, Northern Territory and Queensland for multi commodity mineralisation. Eclipse Metals Ltd has an impressive portfolio of assets prospective for cryolite, fluorite, siderite, quartz, REE, gold, platinum group metals, manganese, vanadium and uranium mineralisation. The Company’s mission is to increase shareholders’ wealth through capital growth and ultimately dividends. Eclipse Metals Ltd plans to achieve this goal by exploring for and developing viable mineral deposits to generate mining or joint venture incomes.
