Business Services Industry
Moydow Lists on The Alternative Investment Market of The London Stock Exchange
Business Wire, Sept 30, 2005
TORONTO -- Brian Kiernan, President and Chief Executive Officer of Moydow Mines International Inc. (TSX:MOY) ("Moydow" or the "Company"), is pleased to announce that, with effect from 8.00 AM London time Friday, September 30, 2005 (the "Admission Date"), its Common Shares have been admitted to trading on the Alternative Investment Market ("AIM") of the London Stock Exchange, under the symbol "Moy". Admission was by way of an introduction with no capital being raised.
Davy, based in Dublin, Ireland, is acting as Nominated Advisor and Broker in relation to the listing of the Company's Common Shares on AIM.
The London listing is an integral part of of Moydow's strategy to increase its shareholder profile in the United Kingdom and Europe. Mr. Kiernan said " broadening our investor base and liquidity in this important equity market is beneficial to all shareholders. The enhanced profile and visibility of Moydow Mines as a result of our additional listing will be of great benefit to the Company as we seek to become a significant exploration and mining company."
Moydow Mines is engaged in the acquisition, exploration and development of mineral properties worldwide. Corporate information is available on the Company's website www.moydow.com. The Company is listed on the Toronto Stock Exchange (symbol "MOY").
"Signed"
Brian Kiernan
President & CEO
Moydow Mines International Inc. (TSX:MOY)
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