Astra Mining to list on Frankfurt Stock Exchange, not affected by market volatility

Free Press Release; The Investment Machine

Astra Mining to list on Frankfurt Stock Exchange, not affected by market volatility

PR

Adelaide, SA Australia. August 26, 2011 -- Astra Mining, an unlisted public Australian diversified mining company, has reconfirmed its intention to list on the Frankfurt Stock Exchange which was agreed at an Extraordinary General Meeting held in June 2011. Astra Mining aims to be listed on the Frankfurt Stock Exchange during the course of September 2011. The primary focus of Astra is to satisfy the expanding resource demands of the worlds largest urbanising nations, principally China and India, through the acquisition of an advanced technology known as T-Steel.

Astra aims to secure the supply chain of raw materials integral to steel making, including coking and thermal coal and iron ore, whilst diversifying into other commodities such as oil and gas and copper. The CEO of corporate advisory firm Stepping Stone Equity, Terry Richards, which is assisting in the listing, said in spite of the global market turmoil in recent weeks, as well as the downgrade of sovereign debt rating in the US, Astras unconditional listing on the Frankfurt Stock Exchange and its anticipated listing price remains unaffected. "The present global economic situation will not impact upon the ?200 million line of equity secured to provide working capital and a project stand-by facility for the company after the listing," Mr Richards said. "Germany continues to grow and the Deutsche Börse is one of the best performing markets in the world this year .

"The global outlook for commodities over the next 20 years is extremely strong, built on the back of a shift in the global demographic structure, increased demand of the emerging nations, resources shortages and an ageing population." Astra Minings global portfolio includes gold and tin interests in Southeast Asia and southern India, coal mines in Australia and Africa, iron ore in India and Africa, and the production of the high-strength T-Steel technology in Hungary. It is understood that Astra Mining, which is to be listed through its UK company Astra Resources Plc in September or October, has received significant support from a New York fund management firm and investment bank to provide Astra with an underwriting agreement subject to Astra Resources Plc issuing a prospectus and listing on the Frankfurt Stock Exchange For nore information please visit Astra Mining here:

astra mining: jaydeep biswas astra mining Or see the Facebook page here:

astra mining: astra resources .

1. http://astramining1.tumblr.com/

Tags: • adelaide • advisory firm • australia • china and india • commodities • downgrade • economic situation • frankfurt • fund management • global market • gold • iron ore • management firm • market volatility • mining • mining company • new york • oil and gas • portfolio • raw materials • sovereign debt • steel making • stock exchange • supply chain • tin • working capital •

All users of this site agree to and acknowledge the following: This site is strictly a directory of websites and does not offer any investments for sale, advertise any investments, nor recommend any investments. The only criteria for inclusion of a link on this site is that it is related to investments.

TheInvestmentMachine.com has no responsiblity for any information contacted on websites it links to. It is your responsiblity to discuss the investment opportunity with your attorney, qualified investment advisor and/or appropriate regulatory agency.

All messages are the opinions and responsibility of their posters. This is strictly an online forum for the vigerous debate of investment related topics. Before making any investment you should review the Investment Fraud section and discuss the investment opportunity with your attorney, qualified investment advisor and/or appropriate regulatory agency.

• <a href="http://pr.theinvestmentmachine.com">The Investment Machine</a>
• <a href="http://pr.theinvestmentmachine.com/stock_trading">Astra Mining to list on Frankfurt Stock Exchange, not affected by market volatility (stock trading); Free Press Release; The Investment Machine</a>

Website copyright (c) 2005-2011 GLR Sales LLC.

Privacy & DMCA Policy -- Sitemap
stock trading Astra Mining to list on Frankfurt Stock Exchange, not affected by market volatility