Orocobre Limited

Orocobre Limited

June 16, 2010 22:10 ET

Orocobre Successfully Completes Dual Listing on Toronto Stock Exchange

BRISBANE, AUSTRALIA--(Marketwire - June 16, 2010) - Orocobre (the Company) (TSX:ORL)(ASX:ORE) is pleased to advise that the Company has been admitted to the Toronto Stock Exchange and has dual listed its ordinary shares on the TSX under the ticker symbol "ORL".

The Company will continue to be domiciled in Australia and its ordinary shares will continue to trade on the Australian Securities Exchange.

Admission to the TSX is an important milestone in the development of Orocobre and is designed to increase exposure of the Company and its projects to North American investors.

Orocobre Managing Director Richard Seville said that he was very pleased that Orocobre has successfully completed the dual listing on the TSX.

"We expect that the TSX listing will offer significant benefits to longstanding Orocobre shareholders and those shareholders who recently joined us through the capital raising in Canada," Mr Seville said.

"The TSX is one of the world's leading exchanges for mineral resources companies and we expect the dual listing will deliver enhanced liquidity, greater access to capital and an increased exposure to the global mining investment community."

About Orocobre Limited

Orocobre Limited is listed on the Australian Securities Exchange (ASX:ORE) and the Toronto Stock Exchange (TSX:ORL) and is the leading lithium-potash developer in the lithium and potassium rich Puna Lithium Province of Argentina.

ABN 31 112 589 910

Contact Information

  • Australia and Asia
    Orocobre Limited
    Richard Seville
    Managing Director
    T: +61 7 3871 3985
    M: +61 419 916 338
    FD Third Person
    Gemma Young
    T: +61 8 9386 1233
    M: +61 412 349 345
    North America
    Orocobre Limited
    James D. Calaway
    T: +1 (713) 366-0301
    M: +1 (713)-818-1457
    Jessica Wagner
    T: +1 (312) 861 4707
    M: +1 (646) 258 7439