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Resolution Minerals to Start Nasdaq Trading Wednesday

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Resolution Minerals' (ASX:RML) American depositary shares will start trading on the Nasdaq Capital Market on Wednesday under the "RML" ticker symbol, according to a same-day filing with the Australian bourse.

Each American depositary share represents 200 ordinary shares of the company, and Resolution Minerals will maintain a primary listing in Australia, per the filing.

The company said initial US trading of its securities may be limited as it completed the Nasdaq listing without an associated capital raise in the US.

The Nasdaq listing is expected to increase the company's visibility for White House and US Department of War funding and development incentives and improve its US capital-raising ability, per the filing.

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