Dhanoa Minerals Ltd. (DHNA.OB) reports that it plans to engage a financial institution for a secondary offering and a listing on the Toronto Stock Exchange.
The Toronto Stock Exchange is the world’s premiere exchange for the mining industry. Some 60% of the world’s mining companies are listed on the Toronto Stock Exchange. In 2006, over $11 billion was raised for exploration by Toronto Stock Exchange listed companies.
“A secondary offering on the Toronto Stock Exchange will dramatically increase our visibility within the investment community and the mining industry as a whole,” said Mr. Lee Andrew Balak, President of Dhanoa Minerals. “There is no better place for our company to address the public markets than on the Toronto Stock Exchange.”
Dhanoa Minerals Ltd. has been rated “Outperform” by Beacon Equity Research.
Dhanoa is a production stage company formed for the purpose of acquiring, exploring, and developing natural resource properties. Activities during the production and exploration stage include further development of the Company’s business plan and raising capital. The Company has recently initiated a new program to evaluate undervalued assets for potential addition to its mineral claim portfolio.
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