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:
To view the Final Prospectus, please visit:
About Cardinal Resources Ltd
Cardinal Resources Ltd (ASX:CDV) (TSE:CDV) (OTCMKTS:CRDNF) is a gold-focused exploration and development Company which holds interests in tenements within Ghana, West Africa.
The Company's Namdini Project has an Indicated Mineral Resource of 6.5Moz of gold contained in 180Mt at 1.1 g/t Au at a cut-off of 0.5g/t Au and an Inferred Mineral Resource of 0.5Moz of gold contained in 13Mt @ 1.2 g/t Au at a cut off of 0.5 g/t Au.
The Company is focused on the development of the Namdini Project through advancing the Pre-Feasiblity study, supported by additional multi-disciplinary engineering activities.
Exploration programmes are also continuing at the Company's Bolgatanga (Northern Ghana) and Subranum (Southern Ghana) Projects.
CEO / MD
Cardinal Resources Limited
P: +1-647-256-1922 or +61-8-6558-0573