MELBOURNE, Australia,
Oct. 13, 2020 /CNW/ - Newcrest Mining
Limited (ASX: NCM) (TSX: NCM) (PNGX: NCM) is pleased to
announce that its common shares have been listed on the Toronto
Stock Exchange (TSX) under the symbol "NCM". The Company retains
its primary listing on the Australian Securities Exchange (ASX),
and its secondary listing on PNG Exchange Market (PNGX), also under
the trading symbol "NCM".
Newcrest Managing Director and Chief Executive Officer,
Sandeep Biswas, said: "A North
American listing is part of our strategy of pursuing growth in the
Americas following our 70% acquisition of the Red Chris mine in
Canada in 2019 and our investments
in Ecuador."
"We have observed an increase in interest from North American
investors in the gold sector over the last six months. When
combined with our large existing North American shareholder base it
makes sense for Newcrest stock to be able to be traded in this
time-zone".
"We believe the TSX listing will improve the global visibility
of the Company and broaden our access to the large North American
capital pool."
There is no equity offering associated with this listing.
Authorised by the Newcrest Disclosure Committee
This information is available on our website at
www.newcrest.com
SOURCE Newcrest Mining Limited