Allied Gold to Consolidate Shares in Connection With Planned Uplisting to NYSE

Dow Jones

May 09, 2025

By Stephen Nakrosis

Allied Gold said its board approved a 3-for-1 share consolidation, in connection with the company's application to uplist to the New York Stock Exchange.

Allied Gold shares currently trade on the Toronto stock exchange and over the counter in the U.S. The company currently has 328.9 million shares outstanding and a public float of 228 million shares. The stock closed Thursday at 5.82 Canadian dollars ($4.19), losing less than 1% on the day.

Subject to the review and approval of its listing application and satisfaction of listing and regulatory requirements, shares are expected to begin trading on the NYSE by the middle of June, the company said.

Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

(END) Dow Jones Newswires

May 08, 2025 18:31 ET (22:31 GMT)

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The stock closed Thursday at 5.82 Canadian dollars ($4.19), losing less than 1% on the day. \n\n\n  Subject to the review and approval of its listing application and satisfaction of listing and regulatory requirements, shares are expected to begin trading on the NYSE by the middle of June, the company said. \n\n\n \n\n\n  Write to Stephen Nakrosis at stephen.nakrosis@wsj.com \n\n\n  (END) Dow Jones Newswires\n\n\n  May 08, 2025 18:31 ET (22:31 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}