News Release
Perseus Mining Limited To Trade On Toronto Stock Exchange
Perseus Mining Limited (the "Company") - An application has been granted for the original listing in the Mining category of 356,102,088 ordinary shares of the Company, of which 343,692,088 ordinary shares will be issued and outstanding, and 12,410,000 ordinary shares will be reserved for issuance.
The ordinary shares of the Company will be listed and posted for trading at the opening on Wednesday, February 3, 2010.
The Company is subject to the reporting requirements of Section 501 of the TSX Company Manual.
Stock Symbol: "PRU"
CUSIP: Q74174 10 5
Trading Currency: CDN
Temporary Market Maker: Macquarie Capital Markets Canada Ltd.
Other Markets: The ordinary shares of the Company have been listed on the Australian Securities Exchange since September 22, 2004 and currently trade under the stock symbol "PRU". The ordinary shares are also listed on the Frankfurt Stock Exchange under the symbol "P4Q".
Head Office Address: 30 Ledgar Road
Balcatta, Western Australia
6021 Australia
Email Address: info@perseusmining.com
Website: www.perseusmining.com
Head Office Telephone Number: +61-8-9240-6344
Fax Number: +61-8-9240-2406
Investors Relations: Mark Calderwood, Managing Director
Tel: +61-8-9240-6344
Email: calderwoodm@perseusmining.com
Susmit Shah, Corporate Secretary
Tel: +61-8-9240-6344
Email: shahs@perseusmining.com
Chief Financial Officer: Colin J. Carson
Company Secretary: Susmit M. Shah
Incorporation: The Company was incorporated on October 24, 2003 under the Corporations Act 2001 (Cth) (Australia).
Fiscal Year End: June 30
Nature of Business: The Company is an Australian-based exploration and evaluation stage corporation with a focus on under-explored gold belts in West Africa. The Company's principal assets consist of a 90% interest in the Central Ashanti gold deposit in Ghana and an 80% interest in the Tengrela gold deposit in Côte d'Ivoire.
Transfer Agent & Registrar: Equity Transfer & Trust Company at its principal office in Toronto and Advanced Share Registry Services in Nedlands, Western Australia.
Dividends: The Company has not paid any dividends or made any distributions since incorporation. The Company does not anticipate paying dividends in the foreseeable future.
Recent Financing: On November 10, 2009, the Company completed an offering of 23,400,000 subscription receipts (the "Receipts") for $1.46 per Receipt. Each Receipt will be convertible, with no further consideration, into an ordinary share of the Company upon the ordinary shares of the Company being listed for trading on TSX. The ordinary shares issuable pursuant to the conversion of the Receipts have been qualified by a Prospectus dated January 28, 2010.
