Anatolia Minerals Development Limited has received conditional listing approval, subject to meeting standard requirements, to trade its common shares on the Toronto Stock Exchange (TSE). Anatolia will notify investors as soon as the date for listing on the TSE is confirmed.
Once listed on the TSE, Anatolia's common shares will continue to trade in US dollars under the symbol ‘ANO.U’ and will no longer trade on the TSX Venture Exchange.
"I am very pleased to see our shares listed on Canada's foremost stock exchange," said Richard Moores, Anatolia's president. "We have an extremely exciting exploration program in Turkey this year, and we hope to continue raising Anatolia's profile with investors by listing on the TSX."
In April 2000, Anatolia and Rio Tinto Mining and Exploration formed a four-year strategic alliance to seek base and precious metal deposits in Turkey. To date, Rio Tinto has funded over eight million dollars for JV exploration, with additional funding in 2003.
Rio Tinto is currently earning into three prospects in Turkey, each requiring expenditures of $10.5 million and payments of $1.5 million for a 65 percent interest. Anatolia is teamed with one of the premiere mining companies in the world, enabling it to explore and advance its portfolio of projects.
Anatolia has 30.9 million shares issued and outstanding, 40.6 million fully diluted. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. Anatolia presently trades on the TSX Venture Exchange as ANO.U, and Rio Tinto plc trades on the London and Australian Stock Exchanges as RIO and on the New York Stock Exchange as RTP. — (menareport.com)
© 2003 Mena Report (www.menareport.com)