Cardinal Resources Limited ("Cardinal" or the "Company") (
Archie Koimtsidis, CEO and MD of Cardinal, stated:
"The entire Team is very pleased to be listed on the TSX as well as the ASX as it will provide the Company with a broader awareness of our significant gold discovery and development in Ghana on two high quality stock exchanges for trading. The listing on the TSX is another important milestone achieved by Cardinal for all stakeholders as we continue to explore and develop the expanding Namdini Gold Deposit.
"Our TSX Listing is timely given the substantial amount of activity planned, including the finalization of the Scoping Study/Preliminary Economic Assessment on our Namdini Gold Project which is due late Q3 - 2017.
"With our Ghana-based projects and our well-rounded Board and Executive Team in Toronto, we believe the TSX listing will enhance the Company's support by the North American and Australian Investment Communities."
Appendix 1 (see the link below) outlines instructions on how to transfer shares between the ASX and the TSX.
To view the Appendix 1, please visit:
http://abnnewswire.net/lnk/3RF25061
To view the Final Prospectus, please visit:
http://abnnewswire.net/lnk/CI484Z1E
About Cardinal Resources Ltd
Cardinal Resources Ltd (ASX:CDV) (TSE:CDV) (OTCMKTS:CRDNF) is a West African gold exploration and development Company that holds interests in tenements within Ghana, West Africa.
The Company is focused on the development of the Namdini Project with a gold Ore Reserve of 5.1Moz (0.4 Moz Proved and 4.7 Moz Probable) and a soon to be completed Feasibility Study.
Exploration programmes are also underway at the Company's Bolgatanga (Northern Ghana) and Subranum (Southern Ghana) Projects.
Cardinal confirms that it is not aware of any new information or data that materially affects the information included in its announcement of the Ore Reserve of 3 April 2019. All material assumptions and technical parameters underpinning this estimate continue to apply and have not materially changed.
Contact
Archie KoimtsidisCEO / MD
Cardinal Resources Limited
P: +61-8-6558-0573
Alec Rowlands
IR / Corp Dev
Cardinal Resources Limited
P: +1-647-256-1922
Warrick Hazeldine
Cannings Purple
E: whazeldine@canningspurple.com.au
P: +61-417-944-616
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