Verity Resources (ASX:VRL) has commenced trading on the Frankfurt Stock Exchange under the ticker symbol FSE:48B0, according to a Thursday Australian bourse filing.
The company noted that Europe sees surging demand for gold and supply-critical rare earth elements and gallium amid geopolitical supply chain shifts, with European Union lawmakers condemning China's recent critical metals export curbs.
According to the company, European investors typically favour African projects due to closer proximity, which enables the value of its copper-silver and nickel-copper-platinum group elements-cobalt-gold assets in Botswana to potentially be recognised relatively more than the Australian investor base.
The company said that dual listing broadens exposure to European institutional and retail investors and enhances access to capital markets, and increases liquidity for its shareholders.
No capital raised or shares issued as part of the dual listing.
The company's shares rose 4% on market close.