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On Nov. 29, NYSE Arcasm will welcome Canadian-based Energy Metals Corporation (NYSE Arca: EMU) as the first international company to list on the new platform since its launch earlier this year.
Energy Metals Corporation will join NYSE Arca as the 21st exclusive listing year-to-date and the second uranium mining company to list within NYSE Group, Inc.
"By listing Energy Metals Corporation on NYSE Arca, we have reached an important milestone in the recognition of the company's continuing growth. With this listing we will be reaching investors previously unavailable to us and will attain greatly enhanced visibility within the worldwide investment community," stated Paul Matysek, President and CEO of Energy Metals Corporation. "Energy Metals Corporation is one of only two primary uranium companies listed with the NYSE Group and the only such listing on NYSE Arca. We are proud to join NYSE Arca and look forward to the opportunities presented by this listing."
Other recent NYSE Arca listings include the Nov. 15 initial public offering of Constellation Energy Partners LLC (NYSE Arca: CEP) which raised $94.5 million.
Please click here for a complete list of NYSE Arca listings.
Energy Metals Corporation President & CEO Paul Matysek will be available for media interviews on Tues., 11/29 at the NYSE.
About Energy Metals Corporation:
Energy Metals Corporation is a TSX-listed Canadian company focused on advancing its industry leading uranium property portfolio towards production in what is the world's largest uranium consumer market, the United States of America. Energy Metals has extensive advanced property holdings in Wyoming, Texas and New Mexico that are amenable to ISR (in-situ recovery) along with one of the industry's leading and most experienced ISR technical teams led by Dr. Dennis Stover. This in-situ form of uranium mining was pioneered in Texas and Wyoming and utilizes oxygenated groundwater to dissolve the uranium in place and pump it to the surface through water wells. Energy Metals is currently developing the La Palangana uranium deposit and upgrading the Hobson Uranium Processing Plant in Texas for an anticipated 2008 production date. Energy Metals is also actively advancing other significant uranium properties in the States of Colorado, Utah, Nevada, Oregon and Arizona.
