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Equinox cites hitches in quest to list on the Stock Exchange
Equinox Minerals Ltd president and CEO, Craig Williams, has said it is difficult for the company to list on the LuSE because of diverse regulations in different markets which it has to comply with.
Williams said despite not listing on LuSE, the company is supportive of the Stock exchange. The company is dual listed on the Australian and Canadian Stock Exchanges.
Williams said to list on LuSE, Equinox will need to negotiate for regulations that are consistent with the two other exchanges which is not easy because different countries have different regulations.
Williams said however, that it is important that Zambians are empowered through share ownership and urged local investors willing to invest in Equinox to do so through the Canadian and Australia exchanges.
He also said Equinox is currently carrying out exploration works around Lumwana area and in Mumbwa district adding that Zambia is one of the best countries in the world to do mining - http://www.daily-mail.co.zm; Daily Mail, Friday September 3, Pg 4.