Quimbaya Gold Inc. (QIM, QIMGF, FSE: K05) is making waves in the European market. The company is thrilled to announce that its common shares are now traded on the Frankfurt Stock Exchange (FSE) under the symbol ‘K05,’ effective September 16, 2024. This significant move comes as the company seeks to expand its reach and attract a wider pool of investors.
The Frankfurt Stock Exchange stands as one of the world’s largest organized exchange-trading markets, second only to the Nasdaq and NYSE in terms of trading volume and securities dealings. This European listing is strategically designed to boost Quimbaya Gold’s trading liquidity. It allows European investors, especially those in major financial hubs, to readily invest in the company.
Alexandre P. Boivin, CEO of Quimbaya, shared his enthusiasm about the listing: “This listing on the Frankfurt Stock Exchange, alongside our Canadian CSE and United States OTCQB listings, will significantly enhance the company’s visibility in this major marketplace. This market boasts a knowledgeable investor base, known for its active participation in the junior gold mining sector. We are confident this listing will facilitate potential investment from both institutional and retail investors across Europe.”
Quimbaya Gold’s focus is on consolidating gold reserves through exploration and acquisition of mining properties in Antioquia, Colombia. Led by an experienced team in the mining sector, Quimbaya is actively pursuing three projects: the Tahami project in Segovia, the Berrio Project in Puerto Berrio, and the Maitamac Project in Abejorral, all situated in the Antioquia Province, Colombia. This strategic move positions Quimbaya Gold for further growth and expansion within the European market, providing it with a valuable platform to access a new pool of investors and potentially accelerate its exploration and development activities.
