Australian gold producer Dioro Exploration NL commenced trading on the Toronto Stock Exchange on Friday.
Dioro's share price closed at CAD$1.60 (A$1.74) - a premium in value compared to the company's Australian Securities Exchange traded shares which closed at (A$1.59 on Friday 29 February).
Dioro's Managing Director Rhod Grivas said the commencement of trading on the TSX was a special milestone for Dioro which would increase ownership by investors in the mining and exploration savvy Canadian and US markets.
"The TSX offers an important avenue for Dioro to increase its share ownership in the all important North American marketplace, and we look forward to welcoming new investors," he said.
"This is a very positive start to our TSX listing and we expect to see a ongoing increase in share ownership in Canada, where investors currently hold a small proportion of DIO shares," Mr Grivas said.
Dioro owns and operates a significant gold mining and processing operation in the goldfields region of Western Australia and is focused on completed capital development phase and becoming an 80- 100,000 ounces per year gold producer.
The company's South Kal Project is located near Kalgoorlie in the goldfields region of Western Australia and is located approximately 50km from the company's 49% owned Frog's Leg gold mine.
