NEW YORK, May 10 /PRNewswire/ --
The American Stock Exchange(R) (Amex(R)) today listed the common stock of Allied Nevada Gold Corp. under the ticker symbol ANV.
Vista Gold Corp. (AMEX:VGZ) and its shareholders own approximately 70% of a new Nevada gold mining company - Allied Nevada Gold Corp., which was formed by combining Nevada property interests of Vista Gold Corp. and Carl and Janet Pescio. Vista Gold Corp. has created Allied Nevada as a platform for a major new Nevada-focused mining company with a large land package, a pipeline of development projects and the Hycroft mine which is positioned for early resumption of gold production.
"As a new company originating from an Amex-listed company, we are pleased that Vista Gold Corp. has chosen to list Allied Nevada Gold Corp. at the American Stock Exchange," said John McGonegal, Senior Vice President of the Amex Equities Group. "We look forward to providing Allied Nevada Gold with the same tools and services that will create an environment of enhanced flexibility for growth in the marketplace."
"Allied Nevada Gold Corp.'s shareholders will benefit from a committed board of directors, a seasoned management team and the vision of Vista Gold Corp. and of Carl Pescio in identifying and acquiring exploration properties in Nevada," said Scott Caldwell, President and CEO of Allied Nevada. "With these exciting assets, and a listing on the Amex, I am confident that we will increase our shareholders' value by broadening our visibility and liquidity within the investment community."
The specialist for Allied Nevada Gold Corp. will be HBH Specialists, LLC. For further information on ANV and other Amex-listed companies, please visit http://www.amex.com/.
The American Stock Exchange(R) (Amex(R)) offers trading across a full range of equities, options and exchange traded funds (ETFs), including structured products and HOLDRS(SM). In addition to its role as a national equities market, the Amex is the pioneer of the ETF, responsible for bringing the first domestic product to market in 1993. Leading the industry in ETF listings, the Amex lists 308 ETFs to date. The Amex is also one of the largest options exchanges in the U.S., trading options on broad-based and sector indexes as well as domestic and foreign stocks. For more information, please visit http://www.amex.com/.
DATASOURCE: The American Stock Exchange
CONTACT: Catherine Chantharaj of American Stock Exchange,
+1-212-306-1689,
Web site: http://www.amex.com/