Danakali Ltd has announced that it has satisfied the conditions to list on the National Stock Exchange of Australia (NSX) and that the company’s securities will be quoted on the NSX on 19 December 2024. In addition, Danakali has satisfied the Australian Securities Exchange’s (ASX) conditions to delist, which will occur on 18 December 2024.
The company is required to meet the following subsequent conditions to retain its admission to the NSX and quotation of its securities:
- The company will produce and lodge a quarterly cash flow and activities report as an ongoing condition until Danakali applies and the NSX agrees that the reports are no longer required. The first report is due on or before 31 January 2025 for the December 2024 quarter and thereafter by the last day of the months of April, July, October and January each year.
- The company will adopt an NSX-compliant constitution at the next annual general meeting or extraordinary general meeting of Danakali.