A Canadian company has become the first North American firm to list on the Dubai International Financial Exchange.

Unigold Inc., a Canadian gold exploration and mining company, now listed on the DIFX, is the first North American company to choose the DIFX for a listing and the fourth company to do so in the gold mining sector.

The company is already listed on the TSX Venture Exchange in Toronto and its largest shareholder is the Saudi Arabian company Shairco for Trading, Industry & Contracting Company.

Dr. Ibrahim Eitani, president and CEO of Unigold, said, “Unigold’s exploration in the Dominican Republic is yielding exciting gold prospects and this is an appropriate time to raise our profile with investors in the DIFX’s region.

“We are also preparing to carry out activities in Saudi Arabia and elsewhere while seeking potential projects for merger/acquisition.”

Per Larsson, chief executive of the DIFX, said, “This first listing by a North American company underlines the international appeal of the DIFX, which now has 12 equity listings from issuers in five continents. Our issuer base offers unique opportunities to investors in our region and beyond.”

Computershare, an international share registry, will enable trading on the DIFX to take place in the same pool of ordinary shares that is listed on the TSX Venture Exchange, through a settlement link.