Key points
- Afri-Can Marine Minerals’ common stock was accepted for listing and trading on the Frankfurt Stock Exchange starting Oct. 1, 2003.
- The company’s XETRA trading symbol is AJF and its German securities code (WKN) is 529879.
- President and CEO Pierre Leveille said the listing will raise Afri-Can’s profile among private and institutional investors in Germany and Europe.
- Afri-Can plans a multicity road show this fall with its European investor relations firm to reach European investors.
Afri-Can Marine Minerals’ common stock has been accepted for listing and trading on the Frankfurt Stock Exchange, commencing Oct. 1, 2003.
Afri-Can’s trading symbol on the XETRA (electronic dealing system) is AJF and the German securities code (WKN) is 529879.
“Listing on the Frankfurt exchange will increase the profile of Afri-Can with both private and institutional investors in Germany and across Europe,” stated Pierre Leveille, president and chief executive officer of Afri-Can. “This opportunity to broaden our shareholder base comes at an excellent time for our company as we move into the next phase of our corporate growth initiative. In conjunction with our European investor relations firm, we will be initiating a multicity road show this fall. We look forward to communicating our corporate message to a wide audience of European investors.”
The Frankfurt Stock Exchange (FWB) is the largest of the eight German stock exchanges. It ranks third in the world behind the New York Stock Exchange and the Nasdaq Stock Market. The launch of XETRA has offered its clients not only floor trading through brokers but also fully electronic trading facilities, whereby orders from any point in the globe are automatically inputted into the order book on the central computer. The FWB is operated by Deutsche Borse AG. Visit the Frankfurt Stock Exchange at http://deutsche-boerse.com.
