Dana Resources Trading on German Stock Exchanges
September 04 2009 - 8:57AM
Marketwired
Dana Resources (OTCBB: DANR), a US-based precious metals
development company with advanced stage gold properties in Peru, is
pleased to announce that Dana common shares are traded on the
Frankfurt Stock Exchange under the symbol OD0 (WKN: A0RMPH).
Further, Dana Resources is also listed under the same symbol on the
Berlin, Xetra and Stuttgart Exchanges in Germany.
"Being listed on the Frankfurt Stock Exchange provides
significant exposure for Dana Resources. Frankfurt is the second
largest exchange in Europe in market capitalization and is
aggressively pursuing international issuers. Germany's market for
venture companies is expanding rapidly, thereby providing us with
access to a growing pool of potential European institutional and
retail investors. We believe that this increased international
presence and shareholder awareness fits perfectly with Dana's
growth strategy," said Mr. DeMelt, President of Dana.
About the Frankfurter Wertpapierborse, or FWB
The FWB is one of the oldest and largest exchanges in the world.
It is owned and operated by Deutsche Borse, which also owns the
European futures exchange, Eurex and the clearing company,
Clearstream. The FWB executes most of the transactions in the
German market and represents a significant share of the European
market.
The FWB is the world's third largest organized trading market in
terms of transactions and dealings in securities. The FWB accounts
for more than 75 per cent of the total securities turnover in
Germany. The public guarantor of the FWB is the Deutsche Borse AG,
which is responsible for ensuring the full viability of trading in
securities. With the support of state-of-the-art, computer-based
trading, processing and information systems, the FWB has been able
to keep pace with the ever-increasing demands of the international
stock market industry.
About Dana Resources
Dana Resources is a precious and base metals exploration company
with offices in the United States and Peru. Dana's management team
possesses local knowledge, extensive international connections, a
wealth of experience and technical expertise in mining, mining
finance, exploration and production. Dana Resources has acquired a
portfolio of gold, silver and other precious & base metal
properties located in Peru's most prolific mining regions.
With Peru growing as a producer of gold, silver and other metals
on the international market, Dana Resources is well positioned to
capitalize on the escalating global demand for commodities. The
management team and Directors are committed to creating value for
their shareholders and to the long-term success of Dana
Resources.
The statements contained herein which are not historical are
forward-looking statements that are subject to risks and
uncertainties that could cause actual results to differ materially
from those expressed in the forward-looking statements, including,
but not limited to, certain delays beyond Dana Resources control
with respect to the commencement of drilling operations,
concentration in mineral deposits, delays in testing and evaluation
of ore samples, and other risks detailed from time to time in Dana
Resources' filings with the Securities and Exchange Commission.
Contact: Leonard DeMelt Dana Resources www.danaresources.com
Email Contact
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