- Cerro de Pasco Resources (GPPRF, Financial) plans a secondary listing on the Lima Stock Exchange (BVL) within 2-3 months.
- The company aims to expand its investor base in Latin America, enhancing visibility and trading liquidity.
- Kallpa Securities SAB will act as the sponsor and advisor for the listing process.
Cerro de Pasco Resources Inc. (TSXV: CDPR, OTCMKTS: GPPRF, FRA: N8HP), a company dedicated to sustainable mining and environmental remediation, has announced its intention to pursue a secondary listing on the Lima Stock Exchange (BVL) while maintaining its primary listing on the TSX Venture Exchange. The move underscores its strategy to increase its presence in Latin America, particularly in Peru where its flagship project is located.
The company has engaged Kallpa Securities SAB, a leading Peruvian investment firm, as its sponsor and advisor for this listing process. Kallpa is recognized for its expertise in equity sales and corporate finance, making it a strategic partner for Cerro de Pasco Resources.
The listing application is expected to be submitted within the next 30 days, with completion anticipated within approximately two to three months, pending regulatory approvals. This dual listing aims to improve access for Peruvian and regional investors, broaden the shareholder base, and enhance liquidity in trading.
The BVL, part of the NUAM Exchange with a market capitalization of roughly USD $476 billion, offers a robust platform for companies in the mining sector. Cerro de Pasco Resources will leverage the TSXV Passport Listing Process, allowing for an expedited listing that maintains existing regulatory compliance.
"A listing on the BVL is a vital step in enhancing our visibility and trading liquidity, while aligning our capital markets presence with our core operations in Latin America," said Guy Goulet, CEO of Cerro de Pasco Resources.
For further details, the company's updates and ongoing strategic initiatives can be accessed via their official website.
