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Aguia to drop TSX Venture Exchange listing

Aguia Resources Ltd. said Sept. 2 that it will drop its secondary listing on the TSX Venture Exchange after the close of Sept. 16 trading, in favor of its primary listing on the ASX.

The phosphate and copper explorer said the measure was enacted in order to reduce the costs associated with a dual listing, as well as to focus its capital on developing assets.

In March, Aguia outlined a maiden inferred JORC-compliant resource estimate for the Andrade copper deposit, part of the Primavera project in Brazil, of 10.8 million tonnes grading 0.56% copper and 2.56 g/t silver.