Stockholm, December 22, 2014 — Nasdaq (Nasdaq:NDAQ) announced that Lundin Gold Inc. (short name: LUG), a Mid Cap company within the Basic Material sector, has started trading of its shares on the main market of Nasdaq Stockholm. Lundin Gold is, including switches, the 25th company to list at Nasdaq’s Nordic main markets in 2014 (Stockholm, Helsinki, Copenhagen and Iceland). Lundin Gold has its primary listing on the Toronto Stock Exchange (TSX).
Lundin Gold Inc. is a Canadian mining company. In December, 2014 Lundin Gold acquired the Fruta del Norte gold project located in southeast Ecuador for US $240 million. Fruta del Norte ("FDN") is one of the largest and highest grade undeveloped gold projects in the world and the company plans to quickly advance FDN in order to realize the significant potential of this asset, which is Lundin Gold's flagship project.
“Lundin Gold’s selection of Nasdaq Stockholm as a dual listing venue is a testament to the strong investor-base within our materials sector where many of their industry peers are traded today,” said Adam Kostyál, senior vice president and head of European listings at Nasdaq.
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