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NuCoal Resources to Transition Listing from ASX to NSX

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NuCoal Resources to Transition Listing from ASX to NSX

The latest announcement is out from NuCoal Resources Limited ( (AU:NCR) ).

NuCoal Resources Limited has announced its intent to delist from the Australian Securities Exchange (ASX) and list on the National Stock Exchange of Australia (NSX). The company has received conditional approval from both exchanges for the proposed transition, which includes ongoing disclosure obligations and a commitment to adopt an NSX-compliant constitution. The timeline for delisting and commencement of trading on the NSX aims for completion by early March 2025. This strategic move is designed to ensure continued trading of its securities and maintain shareholder engagement through the NSX platform.

More about NuCoal Resources Limited

NuCoal Resources Limited operates in the energy sector, primarily focusing on coal mining and exploration in Australia. The company is involved in developing coal resources to cater to energy production needs and has been listed on the Australian Securities Exchange.

Average Trading Volume: 28,599

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$3.84M

Learn more about NCR stock on TipRanks’ Stock Analysis page.

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