Newmont (NEM) has applied for a voluntary delisting of its common shares from the Toronto Stock Exchange, which is expected to be effective on or about the close of trading September 24. In addition to its primary listing on the NYSE, Newmont continues to support its listings on the Australian Securities Exchange and the Papua New Guinea Stock Exchange. The company is voluntarily delisting from the TSX due to low trading volumes, and expects the TSX delisting to improve administrative efficiency and reduce costs for the benefit of Newmont’s shareholders. The company does not intend to seek security holder approval in connection with the delisting as the shares currently trade on acceptable alternative markets to the TSX.
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