Prospech starts trading on Frankfurt Stock Exchange
9 May 2023
- Supports strategy of broadening overseas investor base to engage with European investors and stakeholders.
- Facilitates access for retail investors from European and Scandinavian countries.
- Increases corporate profile in Europe and trading liquidity.
- Enhances ability to engage with large and sophisticated investors in Europe.
Prospech Limited (‘Prospech’ or ‘the Company’) is pleased to announce it has commenced trading on Frankfurt Stock Exchange under the ticker [FSE: 1P80]. The Frankfurt Stock Exchange is the largest of Germany’s Stock exchanges and the largest Stock exchange in continental Europe.
As previously advised, Frankfurt based DGWA, the German Institute for Asset and Equity Allocation and Valuation (Deutsche Gesellschaft für Wertpapieranalyse GmbH) has been appointed as the Company’s investor relations and corporate advisor in Europe.
Mr. Stefan Müller, the CEO of DGWA said:
“We are excited to be partnering with Prospech as it acquires new exploration projects in Europe and commences trading on Frankfurt Stock Exchange. Prospech is focused on sustainable critical metals, minerals and rare earth elements exploration projects in Finland and Slovakia. These countries are mining friendly jurisdictions. As such Prospech is perfectly positioned to engage with European retail and sophisticated investors. We will assist the Company with membership, introductions and engagement with relevant European organisations and stakeholders.”
Jason Beckton, the Managing Director of Prospech said:
“We are pleased to expand our public market presence by listing on the FSE. This will allow retail and institutional European investors to trade our shares in their local market as we build a local metals company.
We look forward to accelerating the exploration of the recently acquired suite of projects in Finland and the commencement of drilling the Kolba cobalt-copper-project in Slovakia. Prospech will provide shareholders with cost effective exploration with walk up drill targets and an entry point to the critical raw materials exploration portion of the market in the EU.”
About DGWA: DGWA is a European Investment Banking Boutique based in Frankfurt, 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.
For further information, please contact.
Jason Beckton
Managing Director
Prospech Limited
+61 (0)438 888 612
This announcement has been authorised for release to the market by the Managing Director.
