North Australian Diamonds Limited Trading in the US on the Over-The-Counter Market
07 October 2011 - 9:00PM
Business Wire
North Australian Diamonds Limited (ASX:NAD, Pink Sheets:NADLY),
(the "Company" or “NADLY”) is pleased to announce that the
Company’s sponsored American Depository Receipts (“ADR”) are
trading on the Over-The-Counter Pink Sheets under the ticker
symbol, NADLY. The ADR’s trade in the ratio of 1 ADR being equal to
10 Ordinary Shares. The listing enhances NADLY’s marketing efforts
in the United States allowing US citizens to trade the Company’s
shares more efficiently.
About North Australian Diamonds Limited
North Australian Diamonds Limited is a publicly listed company
traded on the Australian Stock Exchange under the symbol
“NAD” and on the U.S. OTC market under the symbol
“NADLY”. The Company is developing its flagship Merlin
Diamond Mine Project in the Northern Territory, Australia and is
engaged in extensive exploration for additional sources of diamonds
in and around Merlin. North Australian Diamonds is led by Joseph
Gutnick, a prominent Australian mining industry entrepreneur, who
has overseen some of Australia’s largest and most prestigious
resource discoveries. For further information, please refer to the
Company’s website at www.nadl.com.au
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