Australia's Winsome Resources at record high on Frankfurt bourse debut

Winsome Resources

18/01/2022 03:54

** ASX-listed shares of lithium explorer Winsome Resources
 WR1.AX  soar as much as 14.6% to A$0.550, their highest level
on record 
    ** Says it has successfully applied for and been admitted
for listing on the Frankfurt Stock Exchange  urn:newsml:reuters.com:*:nASX3XbzYm 
    ** Intends to broaden its shareholder base and by accessing
new markets with the FSE listing, increase general liquidity of
its shares 
    ** Says it has also applied to be listed on the Over the
Counter (OTCQB) Venture Market exchange; formal listing on the
OTCQB expected in February 2022 
    ** About 8.5 mln shares have been traded, compared with the
30-day average of about 2.7 mln shares 
    ** WR1 has added 29.7% so far this year, as of last close 

 (Reporting by Harshita Swaminathan in Bengaluru)
 ((Harshita.Swaminathan@thomsonreuters.com))