Stockholm, November 7, 2012 – NASDAQ OMX (NASDAQ:NDAQ) announced today that Endomines AB (ticker symbol: ENDO), has started trading of its shares on the main market of NASDAQ OMX Stockholm. Endomines is a Small Cap company within the Basic Materials sector and has been listed on First North in Stockholm since 2007 before today's move to the main market. Endomines is the third company this year to move its listing from First North to the main market at NASDAQ OMX.
Endomines is a Nordic mining and exploration company with its first operating gold mine in production since February 2011. The mine is located in Eastern Finland, on the Karelian Gold Line, a 40 km long gold critical belt, where Endomines controls all currently known gold deposits. The company has several other gold and industrial mineral properties at various stages of development. For more information, visit www.endomines.com.
Markus Ekberg, CEO of Endomines, said: “Our move to NASDAQ OMX Stockholm is a logical step to support our company’s continued development and expansion. It gives our company a quality mark that can act to improve share liquidity as well as broaden our shareholder base.”
Adam Kostyal, Senior Vice President of NASDAQ OMX Corporate Client Group, commented: “We welcome Endomines to our main market and look forward to supporting them in benefiting from the increased investor visibility that comes with a main market listing. It is rewarding to see a steady inflow of switches from First North to our main market which we see as a testament to the strength of our Nordic listing model.”
To view a CEO interview from the Endomines listing ceremony click here.
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