Macarthur Minerals to Delist from TSXV and OTC, Focus on ASX Listing

Macarthur Minerals Streamlines Market Presence

Macarthur Minerals Limited has announced its decision to voluntarily delist its shares from the TSX Venture Exchange (TSXV) and the OTC Market, effective at the close of business on May 16, 2025. This move reflects the company’s strategic focus on consolidating its market presence exclusively on the Australian Stock Exchange (ASX), where the majority of its investors are based.

The company cited minimal trading activity on the TSXV and OTC platforms as a primary reason for the delisting, which no longer justifies the administrative and financial burdens associated with maintaining multiple listings. By concentrating on the ASX, Macarthur aims to reduce overhead costs and improve shareholder liquidity within a single, more active market.

Implications for Shareholders

Shareholders currently holding Macarthur shares on Canadian or U.S. registers will need to transfer their holdings to the Australian share register to continue trading seamlessly on the ASX. The company has set a deadline of July 11, 2025, for shareholders to request this transfer. After this date, any remaining shares on the Canadian register will be automatically moved to an uncertificated issuer-sponsored holding on the Australian register.

Macarthur has provided detailed instructions and support through its transfer agents, Computershare Investor Services Inc., to facilitate this process. Shareholders are encouraged to liaise with their brokers to ensure a smooth transition and to understand the implications for their trading arrangements.

Maintaining Market Liquidity and Focus

The company reassures investors that the delisting will not affect its ongoing ASX listing under the ticker "MIO." Macarthur expects the ASX to provide sufficient liquidity for its shares, reflecting the concentration of its investor base in Australia. This consolidation aligns with the company’s broader strategy to focus on its core iron ore projects in Western Australia, including the Lake Giles Iron Project, which boasts significant hematite and magnetite resources.

While the delisting simplifies Macarthur’s market structure, it also underscores the company’s commitment to operational efficiency and investor accessibility. By reducing the complexity of dual listings, Macarthur can better allocate resources toward advancing its mining projects and delivering shareholder value.

Looking Ahead

As Macarthur Minerals transitions away from North American exchanges, the market will be watching closely to see how the consolidation impacts trading volumes and investor engagement on the ASX. The company’s clear communication and structured transfer process aim to minimize disruption, but the coming months will be critical in ensuring shareholder confidence remains strong.