Primero Mining Corp. (“Primero” or the “Company”) (TSX: P) is pleased to announce that its common shares have been authorized for listing on the New York Stock Exchange (NYSE). The Company anticipates its common shares will begin trading on the NYSE on Monday, August 15, 2011, under the trading symbol “PPP”. The Company will retain its listing on the Toronto Stock Exchange (TSX) in Canada under the trading symbol “P”.
Joseph F. Conway, President and Chief Executive Officer of Primero, stated, “We announced at the beginning of the year that an NYSE listing was one of our goals, and we are pleased to have been able to achieve it on schedule. As we look to grow and make progress towards becoming a mid-tier gold producer the NYSE listing will improve the visibility of the Company and offer our shareholders greater trading liquidity. Furthermore, it is expected to broaden our reach to the global capital markets.”
“We welcome Primero Mining Corp. to the NYSE Euronext family of listed companies and to New York Stock Exchange,” said Scott Cutler, Executive Vice President, NYSE Euronext. “Primero Mining and its shareholders will benefit from superior market quality and technology, a broad array of issuer and investor services, and a global brand association. We look forward to building a strong and lasting partnership with the Company and its shareholders.”
About Primero
Primero Mining Corp. is a Canadian-based precious metals producer and owns 100% of the San Dimas gold-silver mine in Mexico. Primero offers immediate exposure to un-hedged, low cash cost gold production with a substantial resource base in a politically stable jurisdiction. The Company intends to become an intermediate gold producer by building a portfolio of high quality, low cost precious metals assets in the Americas.
Primero’s website is www.primeromining.com.
