Resolution Minerals Plans NASDAQ Dual-Listing with 79 Million Shares Issued

Resolution Minerals' NASDAQ Ambition

Resolution Minerals Limited (ASX, RML) has announced a strategic resolution to pursue a dual-listing on the NASDAQ stock exchange, targeting the fourth quarter of 2025. This move is designed to open access to the largest and most liquid capital market globally, positioning the company to attract significant interest from U.S. investors, institutions, and government bodies. The appointment of Dominari Securities LLC and Revere Securities LLC as advisors underscores the company's commitment to navigating the complexities of the U.S. market.

Strategic Rationale Behind the Dual-Listing

Resolution Minerals is advancing the development of its Horse Heaven project in Idaho, a site rich in antimony, tungsten, gold, and silver. These metals are critical to U.S. defense and national security, making the project highly relevant amid growing concerns over supply chain vulnerabilities. By listing on NASDAQ, Resolution aims to align more closely with U.S. strategic interests and increase visibility among key stakeholders, including federal funding programs and potential offtakers.

The company’s proximity to the high-profile Stibnite project, valued at approximately A$3 billion, further enhances its appeal. The NASDAQ listing is seen as a natural progression following the imminent OTC listing, providing Resolution with enhanced liquidity and valuation uplift potential.

Benefits and Market Implications

Access to NASDAQ’s deep capital markets, which account for around 70% of U.S. equity trading volume, offers Resolution a significant advantage in raising capital and attracting institutional and retail investors focused on critical minerals. The listing is expected to facilitate currency diversification and provide greater flexibility for capital raising, priced in U.S. dollars, which is attractive to North American investors.

Moreover, the increased analyst and media coverage that comes with a NASDAQ listing could help Resolution secure long-term investment and strategic partnerships, including mergers and acquisitions or joint ventures. The company’s recent engagement terms with its advisors include issuing over 79 million ordinary shares and 30 million options, subject to shareholder approval, reflecting a significant equity commitment to support this transition.

Looking Ahead

Managing Director Ari Zaetz expressed optimism about the partnership with Dominari and Revere, highlighting their networks and expertise as critical to enhancing Resolution’s visibility in North America. The company’s focus remains on restoring the U.S. critical metals supply chain, a mission that resonates strongly with current geopolitical and economic priorities.

As Resolution prepares for its NASDAQ debut, investors will be watching closely for shareholder approval outcomes and the company’s progress in finalizing its OTC listing. The dual-listing strategy could mark a pivotal step in Resolution’s evolution from an Australian-listed miner to a key player in the global critical minerals market.