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LITHIUM
Orocobre completes dual listing in Toronto
 
17th June 2010
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TORONTO (miningweekly.com) – Lithium hopeful Orocobre has been admitted to the TSX and has dual listed its shares on the exchange under the ticker symbol 'ORL', the firm announced on Thursday.

Orocobre already trades on the ASX, and will remain based in Australia.

However, the company sees admission to the TSX as an important milestone as it seeks increased exposure to North American investors.

“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,” MD Richard Seville commented in a statement.

“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.”

Orocobre's most developed asset is the Salar de Olaroz project, for which a definitive feasibility study is due for completion by the third quarter of 201

Edited by: Liezel Hill

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