Scorpio Gold Announces Plans for Nasdaq Listing via American Depositary Shares
Scorpio Gold (SRCRF) has announced its intention to list American Depositary Shares (ADSs) on the Nasdaq Capital Market. Rather than listing common shares directly, the company plans to establish an ADS program managed by a U.S.-based depositary bank. This move is expected to enhance liquidity and accessibility for international investors seeking exposure to Scorpio Gold's operations in the gold mining sector. The decision reflects broader trends among foreign companies aiming to expand their investor base through listings on major U.S. exchanges.
Topics: ADS program Nasdaq stock listing