American Stock Exchange Lists Common Stock of Anooraq Resources Corporation
March 15 2004 - 9:42AM
PR Newswire (US)
American Stock Exchange Lists Common Stock of Anooraq Resources
Corporation NEW YORK, March 15 /PRNewswire/ -- The American Stock
Exchange(R) (Amex(R)) today listed the common stock of Anooraq
Resources Corporation under the ticker symbol ANO. Anooraq
Resources Corporation is focused on developing platinum group
metals ("PGM") properties in the world's most prolific PGM
environment, the Bushveld Complex in South Africa. The Company
holds an extensive land package on the Northern Limb of the
Complex, and has initiated advanced exploration of the Drenthe
deposit through a joint venture with Anglo American Platinum
Corporation Limited. In addition, through a proposed merger with
Pelawan Investments (Proprietary) Limited, Anooraq can acquire a
50% interest in the advanced stage Ga-Phasha PGM property on the
Bushveld's Eastern Limb. "As a global leader in mining listings,
the American Stock Exchange is pleased to welcome Anooraq to this
growing segment," said John McGonegal, senior vice president of the
Amex Equities Group. "We look forward to working closely with
Anooraq on building additional shareholder value as well as
providing the solid support and services that are essential in
today's competitive marketplace." "Management and the Board of
Directors of Anooraq are pleased to have secured this new listing,
as it will provide many interested investors in the United States
with the opportunity and convenience of trading Anooraq shares on
the highly liquid Amex as well as providing added transparency
about Company operations through our reporting in the United
States," said Ron Thiessen, President and CEO of Anooraq. "This
will be advantageous to the Company's growth toward becoming a
premier producer of platinum group metals in South Africa." The
specialist in Anooraq Resources Corporation will be J. Streicher
& Co. For further information on ANO and other Amex-listed
companies, please visit http://www.amex.com/. The American Stock
Exchange(R) (Amex(R)) is the only primary exchange that 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 forbringing the first domestic
product to market in 1993. Leading the industry in ETF listings,
the Amex lists 138 ETFs. 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:
American Stock Exchange CONTACT: Lynn Teresky of the American Stock
Exchange, +1-212-306-1654, Web site: http://www.amex.com/
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