Latest news with #stocklisting
Globe and Mail
2 days ago
- Business
- Globe and Mail
BSX Approves Secondary Listing of Common Shares of Gold Reserve
Gold Reserve Ltd. (TSX.V: GRZ) (BSX: (OTCQX: GDRZF) ('Gold Reserve' or the 'Company') announces the secondary listing on the Bermuda Stock Exchange (the 'BSX') of 122,714,914 Common Shares of Gold Reserve Ltd. effective today. Trading on the BSX will commence on August 4, 2025 under the ticker (BSX: The Company's primary listing is on the TSX Venture Exchange (TSX.V: GRZ) and the Company also continues to trade over the counter (OTCQX: GDRZF). The Company's Vice-Chair, Paul Rivett, said: 'Joining the Bermuda Stock Exchange marks an important step for Gold Reserve. We are proud to be a part of the Bermuda business community and delighted to partner with an exchange that is respected globally.' Cautionary Statement Regarding Forward-Looking statements This release contains 'forward-looking statements' within the meaning of applicable U.S. federal securities laws and 'forward-looking information' within the meaning of applicable Canadian provincial and territorial securities laws and state Gold Reserve's and its management's intentions, hopes, beliefs, expectations or predictions for the future. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management at this time, are inherently subject to significant business, economic and competitive uncertainties and contingencies. They are frequently characterized by words such as "anticipates", "plan", "continue", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "potential", "proposed", "positioned" and other similar words, or statements that certain events or conditions "may" or "will" occur. We caution that such forward-looking statements involve known and unknown risks, uncertainties and other risks that may cause the actual events, outcomes or results of Gold Reserve to be materially different from our estimated outcomes, results, performance, or achievements expressed or implied by those forward-looking statements. For a more detailed discussion of the risk factors affecting the Company's business, see the Company's Management's Discussion & Analysis for the year ended December 31, 2024 and other reports that have been filed on SEDAR+ and are available under the Company's profile at Investors are cautioned not to put undue reliance on forward-looking statements. All subsequent written and oral forward-looking statements attributable to Gold Reserve or persons acting on its behalf are expressly qualified in their entirety by this notice. Gold Reserve disclaims any intent or obligation to update publicly or otherwise revise any forward-looking statements or the foregoing list of assumptions or factors, whether as a result of new information, future events or otherwise, subject to its disclosure obligations under applicable rules promulgated by applicable Canadian provincial and territorial securities laws.
Associated Press
2 days ago
- Business
- Associated Press
BSX Approves Secondary Listing of Common Shares of Gold Reserve
PEMBROKE, Bermuda--(BUSINESS WIRE)--Jul 30, 2025-- Gold Reserve Ltd. (TSX.V: GRZ) (BSX: (OTCQX: GDRZF) ('Gold Reserve' or the 'Company') announces the secondary listing on the Bermuda Stock Exchange (the 'BSX') of 122,714,914 Common Shares of Gold Reserve Ltd. effective today. Trading on the BSX will commence on August 4, 2025 under the ticker (BSX: The Company's primary listing is on the TSX Venture Exchange (TSX.V: GRZ) and the Company also continues to trade over the counter (OTCQX: GDRZF). The Company's Vice-Chair, Paul Rivett, said: 'Joining the Bermuda Stock Exchange marks an important step for Gold Reserve. We are proud to be a part of the Bermuda business community and delighted to partner with an exchange that is respected globally.' Cautionary Statement Regarding Forward-Looking statements This release contains 'forward-looking statements' within the meaning of applicable U.S. federal securities laws and 'forward-looking information' within the meaning of applicable Canadian provincial and territorial securities laws and state Gold Reserve's and its management's intentions, hopes, beliefs, expectations or predictions for the future. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management at this time, are inherently subject to significant business, economic and competitive uncertainties and contingencies. They are frequently characterized by words such as 'anticipates', 'plan', 'continue', 'expect', 'project', 'intend', 'believe', 'anticipate', 'estimate', 'may', 'will', 'potential', 'proposed', 'positioned' and other similar words, or statements that certain events or conditions 'may' or 'will' occur. We caution that such forward-looking statements involve known and unknown risks, uncertainties and other risks that may cause the actual events, outcomes or results of Gold Reserve to be materially different from our estimated outcomes, results, performance, or achievements expressed or implied by those forward-looking statements. For a more detailed discussion of the risk factors affecting the Company's business, see the Company's Management's Discussion & Analysis for the year ended December 31, 2024 and other reports that have been filed on SEDAR+ and are available under the Company's profile at Investors are cautioned not to put undue reliance on forward-looking statements. All subsequent written and oral forward-looking statements attributable to Gold Reserve or persons acting on its behalf are expressly qualified in their entirety by this notice. Gold Reserve disclaims any intent or obligation to update publicly or otherwise revise any forward-looking statements or the foregoing list of assumptions or factors, whether as a result of new information, future events or otherwise, subject to its disclosure obligations under applicable rules promulgated by applicable Canadian provincial and territorial securities laws. NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. View source version on CONTACT: For further information regarding Gold Reserve Ltd., visithttps:// contact: Kathryn Houlden (441) 295-4653 A.S. Cooper Building, 7th Floor, 26 Reid Street, Hamilton, HM 11, Bermuda [email protected] KEYWORD: CARIBBEAN BERMUDA NORTH AMERICA CANADA INDUSTRY KEYWORD: MINING/MINERALS NATURAL RESOURCES SOURCE: Gold Reserve Ltd. Copyright Business Wire 2025. PUB: 07/30/2025 06:30 PM/DISC: 07/30/2025 06:31 PM
Wall Street Journal
4 days ago
- Business
- Wall Street Journal
Fintech Billionaire Beats Co-Founder in Fight to Keep Voting Superpowers
LONDON—Early this summer, Wise presented shareholders with an attractive proposition: How about moving the U.K. payments company's main stock listing to the U.S., where stock prices for tech firms are often higher? A few weeks later, Wise WISE 0.68%increase; green up pointing triangle disclosed a condition. Kristo Käärmann, its billionaire chief executive, would keep supervoting rights that were due to expire next year for another decade.
Zawya
22-07-2025
- Business
- Zawya
EGX approves listing of MOPCO's $158.9mln capital increase
The Egyptian Exchange (EGX) Listing Committee has approved the listing of Misr Fertilizers Production Company's (MOPCO) capital increase, as per a disclosure. MOPCO's issued and paid-up capital will rise from EGP 20.79 billion to EGP 28.68 billion, marking an increase of EGP 7.88 billion. The increase will be carried out through the issuance of 788.956 million shares at a par value of EGP 10 per share, distributed as 0.3794547514 bonus shares for each ordinary share held prior to the increase. The increase is financed from the balance of merger proceeds recorded in the company's financial statements as of December 31st, 2024, along with EGP 11 from retained earnings. This marks the company's seventh issuance under the Egyptian Securities Listing Schedule. The right to the bonus shares distribution applies to shareholders as of the end of the trading session on Tuesday, July 22nd, 2025. MOPCO's shares following the capital increase, totaling 2,868 billion shares, will be listed on the EGX's database starting from the trading session on Wednesday, July 23rd, 2025. If the bonus share distribution date coincides with an official holiday, distribution will take place on the next business day. © 2020-2023 Arab Finance For Information Technology. All Rights Reserved. Provided by SyndiGate Media Inc. (
Argaam
21-07-2025
- Business
- Argaam
Obeikan Glass, Saudi Azm to debut on TASI today
Tadawul trading screen The Saudi Exchange (Tadawul) said shares of Obeikan Glass Co. will list in the Main Market (TASI) today, trading with the symbol 4145 in the Capital Goods sector. Moreover, shares of Saudi Azm for Communication and Information Technology Co. will also debut on TASI today, with the symbol 7211 in the Software & Services sector. Obeikan Glass and Saudi Azm's stock prices will trade at a 10% daily fluctuation limit. According to data available with Argaam, Tadawul approved on June 29 the requests of both Obeikan Glass and Saudi Azm to move from the Nomu-Parallel Market to TASI. Obeikan Glass has a capital of SAR 320 million, divided into 32 million shares at a nominal value of SAR 10 per share. The stock's last price on Nomu was SAR 38, which will be its opening price on TASI. Meanwhile, Saudi Azm's capital stands at SAR 30 million, with 60 million shares, at a par value of SAR 0.5 per share. The stock's last price on Nomu was SAR 30.24. The number of TASI-listed companies rose to 239, excluding 19 REITs. The number of companies listed on Nomu dropped to 121, excluding Alwaha REIT Fund. Company Profile: Obeikan Glass Obeikan Glass was established in Riyadh as a closed joint stock company, under the Articles of Association dated Dec. 23, 2006, Ministerial Resolution dated Sept. 9, 2007 and the minutes of the Constituent Assembly dated November 2007. The company manufactures, produces, and sells clear float glass and safety glass. The company was directly listed on the Nomu – Parallel Market on February 7, 2022, with a reference share price set at SAR 68 at the time of listing. Since its listing, the company increased its capital once in November 2023, from SAR 240 million to SAR 320 million, through the distribution of bonus shares. Saudi Azm: Saudi Azm was established in Riyadh as a limited liability company in 2017. It provides management advisory services, repair and maintenance of personal computers and laptops, and selling wired and wireless equipment and devices. The company was directly listed on the Nomu – Parallel Market on March 1, 2022, with a reference trading price set at SAR 70 per share. In June 2023, the company made a stock split, reducing the nominal value per share from SAR 10 to SAR 0.5. Saudi Azm Transition Details Item Nomu TASI Capital (SAR mln) 30.0 30.0 Number of Shares (mln) 3.0 60.0 Par Value per Share (SAR) 10 0.5 Sector Capital Goods Capital Goods Daily Fluctuation Limit 30% 10% Listing Price (SAR) 70.00 30.24 Share Trading Eligibility Qualified investors Any Saudi or foreign person, entity, institution, or fund authorized by the Capital Market Law and its regulations to own and trade securities The following table details companies that have transitioned from Nomu to TASI: Details of Companies' Transition to Main Market Company Board Approval Transfer Application Official Approval Listing Shares on TASI Al Kathiri Oct. 9, 2019 Oct. 15, 2019 Oct. 28, 2019 Nov. 3, 2019 Thob Al Aseel Oct. 6, 2019 Oct. 16, 2019 Nov. 4, 2019 Nov. 10, 2019 Abo Moati Oct. 6, 2019 Oct. 16, 2019 Nov. 4, 2019 Nov. 11, 2019 Raydan Oct. 8, 2019 Oct. 29, 2019 Nov. 17, 2019 Nov. 21, 2019 Baazeem Oct. 7, 2019 Nov. 14, 2019 Nov. 28, 2019 Dec. 4, 2019 Arab Sea Oct. 9, 2019 March 17, 2020 April 12, 2020 April 15, 2020 Al-Omran Feb. 16, 2020 June 15, 2020 July 15, 2020 July 21, 2020 Sadr Sept. 27, 2020 Nov. 2, 2020 Dec. 3, 2020 Dec. 10, 2020 Development Works Food Sept. 12, 2021 Nov. 4, 2021 Nov. 17, 2021 Nov. 23, 2021 Sumou May 15, 2022 May 24, 2023 Aug. 20, 2023 Sept. 7, 2023 Riyadh Cement June 29, 2022 June 18, 2023 Nov. 14, 2023 Dec. 5, 2023 Burgerizzr Oct. 12, 2023 June 13, 2024 Oct. 13, 2024 Nov. 4, 2024 Banan July 4, 2023 June 4, 2024 Nov. 18, 2024 Dec. 9, 2024 Jahez March 19, 2024 July 7, 2024 Nov. 18, 2024 Dec. 10, 2024 Raoom Dec. 14, 2023 June 11, 2024 Jan. 6, 2025 Jan. 27, 2025 Saudi Azm April 18, 2025 May 27, 2025 June 29, 2025 July 11, 2025 Obeikan Glass Dec. 27, 2023 May 23, 2025 June 29, 2025 July 11, 2025 Under the amended listing regulations issued by the CMA, companies planning to transfer from Nomu to TASI are obliged of the following: 1) Firms may only apply to transfer to the Main Market after two calendar years from listing on Nomu. 2) The average aggregate market value of the transferred shares must be at least SAR 200 million in the six-month period prior to the submission of application. 3) An issuer must disclose to the public the board report that includes all related information, before submitting the application. 4) Submitting the board of directors' approval on the transfer before the beginning of the trading session that follows the approval. 5) The issuer must disclose the transfer to the public upon submitting the apgplication. Trading on the issuer's shares will be suspended for a period not exceedin five trading sessions before debuting on the Main Market.
