Cerro de Pasco Resources to Pursue Secondary Listing on the Lima Stock Exchange
Cerro de Pasco Resources (GPPRF) has announced plans to pursue a secondary listing on the Lima Stock Exchange (BVL) while maintaining its primary listing on the TSX Venture Exchange. The company has engaged Kallpa Securities SAB as its sponsor and advisor for the listing process, which is expected to be completed within 2-3 months following a filing within 30 days.
The listing on BVL, part of the NUAM Exchange with a combined market cap of $476 billion, aims to improve access for Peruvian and regional investors, broaden the shareholder base, and enhance trading liquidity. CDPR will benefit from the TSXV Passport Listing Process, allowing for fast-tracked secondary listings while maintaining existing regulatory compliance structures.
Cerro de Pasco Resources (GPPRF) ha annunciato l'intenzione di ottenere una quotazione secondaria sulla Borsa di Lima (BVL), mantenendo però la quotazione primaria sulla TSX Venture Exchange. La società ha incaricato Kallpa Securities SAB come sponsor e consulente per il processo di quotazione, che si prevede sarà completato entro 2-3 mesi dopo una presentazione entro 30 giorni.
La quotazione sulla BVL, parte del NUAM Exchange con una capitalizzazione di mercato combinata di 476 miliardi di dollari, mira a migliorare l'accesso agli investitori peruviani e regionali, ampliare la base azionaria e aumentare la liquidità di negoziazione. CDPR beneficerà del processo TSXV Passport Listing, che consente quotazioni secondarie accelerate mantenendo le strutture di conformità regolamentare esistenti.
Cerro de Pasco Resources (GPPRF) ha anunciado planes para obtener una cotización secundaria en la Bolsa de Valores de Lima (BVL) mientras mantiene su cotización primaria en la TSX Venture Exchange. La empresa ha contratado a Kallpa Securities SAB como patrocinador y asesor para el proceso de cotización, que se espera completar en 2-3 meses tras una presentación en un plazo de 30 días.
La cotización en la BVL, que forma parte del NUAM Exchange con una capitalización de mercado combinada de 476 mil millones de dólares, busca mejorar el acceso para inversores peruanos y regionales, ampliar la base de accionistas y aumentar la liquidez de negociación. CDPR se beneficiará del proceso TSXV Passport Listing, que permite cotizaciones secundarias aceleradas manteniendo las estructuras regulatorias existentes.
Cerro de Pasco Resources (GPPRF)는 리마 증권거래소 (BVL)에 2차 상장을 추진하는 계획을 발표했으며, 동시에 TSX 벤처 거래소에서의 1차 상장은 유지할 예정입니다. 회사는 상장 절차를 위해 Kallpa Securities SAB를 스폰서이자 자문사로 선정했으며, 30일 내 제출 후 2-3개월 내에 완료될 것으로 예상하고 있습니다.
BVL 상장은 총 시가총액 4,760억 달러의 NUAM Exchange의 일부로서, 페루 및 지역 투자자들의 접근성을 높이고 주주 기반을 확대하며 거래 유동성을 향상시키는 것을 목표로 합니다. CDPR은 기존 규제 준수 구조를 유지하면서 신속한 2차 상장을 가능하게 하는 TSXV 여권 상장 절차의 혜택을 받을 것입니다.
Cerro de Pasco Resources (GPPRF) a annoncé son intention de procéder à une cotation secondaire à la Bourse de Lima (BVL) tout en conservant sa cotation principale à la TSX Venture Exchange. La société a engagé Kallpa Securities SAB en tant que sponsor et conseiller pour le processus de cotation, qui devrait être achevé dans un délai de 2 à 3 mois après un dépôt dans les 30 jours.
La cotation sur la BVL, qui fait partie de la NUAM Exchange avec une capitalisation boursière combinée de 476 milliards de dollars, vise à améliorer l'accès aux investisseurs péruviens et régionaux, à élargir la base d'actionnaires et à accroître la liquidité des échanges. CDPR bénéficiera du processus TSXV Passport Listing, permettant des cotations secondaires accélérées tout en maintenant les structures de conformité réglementaire existantes.
Cerro de Pasco Resources (GPPRF) hat Pläne angekündigt, eine Zweitnotierung an der Lima Börse (BVL) anzustreben, während die Hauptnotierung an der TSX Venture Exchange beibehalten wird. Das Unternehmen hat Kallpa Securities SAB als Sponsor und Berater für den Notierungsprozess engagiert, der voraussichtlich innerhalb von 2-3 Monaten nach einer Einreichung innerhalb von 30 Tagen abgeschlossen sein wird.
Die Notierung an der BVL, die Teil der NUAM Exchange mit einer kombinierten Marktkapitalisierung von 476 Milliarden US-Dollar ist, soll den Zugang für peruanische und regionale Investoren verbessern, die Aktionärsbasis erweitern und die Handelsliquidität erhöhen. CDPR wird vom TSXV Passport Listing Prozess profitieren, der beschleunigte Zweitnotierungen ermöglicht und gleichzeitig die bestehenden regulatorischen Compliance-Strukturen beibehält.
- Access to broader investor base in Latin America, including Peruvian pension funds
- Enhanced trading liquidity potential through multi-exchange listing
- Streamlined listing process through TSXV Passport system with no additional regulatory burden
- Access to NUAM Exchange's $476 billion market, the second-largest integrated equity market in South America
- None.
MONTRÉAL, May 15, 2025 (GLOBE NEWSWIRE) -- Cerro de Pasco Resources Inc. (TSXV: CDPR) (OTCMKTS: GPPRF) (FRA: N8HP) (“CDPR” or the “Company”) is pleased to announce that it will pursue a secondary listing of its shares on the Lima Stock Exchange (Bolsa de Valores de Lima, “BVL”) as part of its strategy to expand its presence in Latin America and increase visibility among regional investors. The Company’s primary listing will remain on the TSX Venture Exchange (TSXV).
The Company has retained Kallpa Securities SAB (“Kallpa”) as its sponsor and advisor for the listing process. Kallpa is a Peruvian investment firm specializing in equity sales, research, and corporate finance. It is the exclusive sponsor for all ten junior mining companies currently listed on the TSX Venture Exchange and cross-listed on the BVL. Since its founding in 2008, Kallpa has become one of Peru’s leading brokerage firms, ranking 8th in trading volume among 20 Peruvian brokers, and widely recognized as the country’s leading mining research house.
The listing application is expected to be filed within the next 30 days, with completion anticipated within approximately two to three months, subject to regulatory approvals.
Strategic Rationale for the Listing
CDPR’s planned listing on the BVL reflects its strong commitment to Peru and the broader Andean region, where the Company’s flagship asset — a silver-rich polymetallic reprocessing project targeting Cerro de Pasco’s historic tailings — is located. A BVL listing will:
- Improve access for Peruvian and regional investors seeking exposure to sustainable mining and environmental remediation;
- Broaden CDPR’s shareholder base and enhance trading liquidity; and
- Align the Company with Latin America’s most active equity market for mining.
The BVL is now part of NUAM Exchange, the newly formed regional holding company integrating the stock exchanges of Chile, Colombia, and Peru into a single regional market (www.nuamx.com). It offers listed companies increased visibility and access to a deeper pool of institutional and retail investors across the Andean region. While each participating country retains its own regulatory framework, joint initiatives are underway to harmonize various processes such as IPO requirements, filings, custody, and settlement.
Streamlined Regulatory Approach
As a TSX Venture Exchange-listed company, CDPR benefits from the TSXV Passport Listing Process, which allows qualified issuers to fast-track secondary listings on approved exchanges such as the BVL. This process is designed to improve efficiency, reduce costs, and accelerate time to market — all while maintaining robust disclosure and governance standards.
The BVL recognizes the TSXV as an authorized market under its regulatory framework. As a result, CDPR’s listing will not create additional regulatory burdens. The Company will continue to report under Canadian securities laws, leveraging its existing compliance structure to meet local requirements in Peru.
Market Overview
- NUAM Exchange: As of recent data, NUAM integrates the stock exchanges of Chile, Colombia, and Peru, with a combined market capitalization of approximately USD
$476 billion , making it the second-largest integrated equity market in South America. - Lima Stock Exchange (BVL): The BVL hosts 275 listed companies, with a combined market capitalization of approximately USD
$190.7 billion , and a strong concentration in the mining and industrial sectors.
Role of Kallpa Securities
As CDPR’s designated sponsor, Kallpa will:
- Guide and support all regulatory and procedural requirements for the BVL listing;
- Serve as CDPR’s representative before Peruvian authorities and the exchange; and
- Lead the Company’s marketing and investor outreach efforts in Peru, Chile, and Colombia following the listing.
Executive Commentary
“A listing on the BVL would enhance CDPR’s visibility and trading liquidity, while opening the door for broader participation in the Company’s growth from Latin American institutional and retail investors, including Peruvian pension funds,” said Guy Goulet, CEO of CDPR. “We view this as a natural step forward in aligning our capital markets presence with the region where our core operations and long-term vision are anchored.”
Additional updates on the listing process will be provided as they become available.
About Cerro de Pasco Resources
Cerro de Pasco Resources is focused on the development of its principal
For more information, please visit: www.pascoresources.com
Further Information:
Guy Goulet, CEO
Telephone: +1-579-476-7000
Mobile: +1-514-294-7000
ggoulet@pascoresources.com
Donna Yoshimatsu, Senior Strategic Advisor / Investor Relations
Mobile: +1 416-722-2456
dyoshi@pascoresources.com
Forward-Looking Statements and Disclaimer
Certain information contained herein may constitute “forward-looking information” under Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as, “will be”, “expected” or variations of such words and phrases or statements that certain actions, events or results “will” occur. Forward-looking statements, including the expectations related to the Corporation’s objectives, goals or future plans, including the budgeted work program, are based on the Corporation’s estimates and are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Corporation to be materially different from those expressed or implied by such forward-looking statements or forward-looking information. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. The Corporation will not update any forward-looking statements or forward-looking information that are incorporated by reference herein, except as required by applicable securities laws.
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this news release.
FAQ
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