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Solis Minerals Seeks Delisting from TSXV
MTIMTI(US:MTX) Newsfile·2025-06-09 23:02

Core Viewpoint - Solis Minerals Limited is voluntarily delisting its common shares from the TSX Venture Exchange to focus on a primary listing on the Australian Securities Exchange, which is expected to enhance liquidity and reduce costs [2][3][8]. Company Actions - The company has applied for delisting from the TSXV, with the expected delisting date around June 23, 2025 [4][8]. - In conjunction with the delisting, Solis Minerals plans to re-domicile to Australia, pending shareholder and regulatory approvals [5][8]. Shareholder Impact - Existing TSXV shareholders can convert their shares into CHESS Depositary Interests (CDIs) to trade on the ASX [6][8]. - Approximately 8% of the company's securities are held by TSXV shareholders following a placement in February 2025 [8]. Operational Focus - The delisting and re-domiciliation are aimed at streamlining operations, allowing the company to focus resources on exploration activities, particularly in its copper-gold projects in southern Peru [7][8][12]. - The company holds 81 concessions totaling 69,200 hectares in its South American copper portfolio [12].