28.11.2006 19:44:00
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NYSE Arca Welcomes Energy Metals Corporation
On Nov. 29, NYSE Arcasm will welcome Canadian-based Energy Metals Corporation (NYSE Arca: EMU) as the first international company to list on the new platform since its launch earlier this year. Energy Metals Corporation will join NYSE Arca as the 21st exclusive listing year-to-date and the second uranium mining company to list within NYSE Group, Inc. "By listing Energy Metals Corporation on NYSE Arca, we have reached an important milestone in the recognition of the company’s continuing growth. With this listing we will be reaching investors previously unavailable to us and will attain greatly enhanced visibility within the worldwide investment community,” stated Paul Matysek, President and CEO of Energy Metals Corporation. "Energy Metals Corporation is one of only two primary uranium companies listed with the NYSE Group and the only such listing on NYSE Arca. We are proud to join NYSE Arca and look forward to the opportunities presented by this listing.” Other recent NYSE Arca listings include the Nov. 15 initial public offering of Constellation Energy Partners LLC (NYSE Arca: CEP) which raised $94.5 million. Please click here for a complete list of NYSE Arca listings. Energy Metals Corporation President & CEO Paul Matysek will be available for media interviews on Tues., 11/29 at the NYSE. About Energy Metals Corporation: Energy Metals Corporation is a TSX-listed Canadian company focused on advancing its industry leading uranium property portfolio towards production in what is the world's largest uranium consumer market, the United States of America. Energy Metals has extensive advanced property holdings in Wyoming, Texas and New Mexico that are amenable to ISR (in-situ recovery) along with one of the industry’s leading and most experienced ISR technical teams led by Dr. Dennis Stover. This in-situ form of uranium mining was pioneered in Texas and Wyoming and utilizes oxygenated groundwater to dissolve the uranium in place and pump it to the surface through water wells. Energy Metals is currently developing the La Palangana uranium deposit and upgrading the Hobson Uranium Processing Plant in Texas for an anticipated 2008 production date. Energy Metals is also actively advancing other significant uranium properties in the States of Colorado, Utah, Nevada, Oregon and Arizona. About NYSE Group, Inc.: NYSE Group, Inc. (NYSE:NYX) operates two securities exchanges: the New York Stock Exchange (the "NYSE”) and NYSE Arca, Inc. (formerly known as the Archipelago Exchange, or ArcaEx®, and the Pacific Exchange). NYSE Group is a leading provider of securities listing, trading and market data products and services. In the third quarter of 2006, on an average trading day, 2.2 billion shares, valued at $80.1 billion, were traded on the exchanges of the NYSE Group. The NYSE is the world’s largest and most liquid cash equities exchange. The NYSE provides a reliable, orderly, liquid and efficient marketplace where investors buy and sell listed companies’ common stock and other securities. On September 30, 2006, the operating companies listed on the NYSE represented a total global market capitalization of $23.0 trillion. NYSE Arca operates NYSE Arca, Inc., the first open, all-electronic stock exchange in the United States , and has a leading position in trading exchange-traded funds and exchange-listed securities. NYSE Arca, Inc. is also an exchange for trading equity options. NYSE Arca’s trading platforms provide customers with fast electronic execution and open, direct and anonymous market access. NYSE Regulation, an independent not-for-profit subsidiary, regulates member organizations through the enforcement of marketplace rules and federal securities laws. NYSE Regulation also ensures that companies listed on the NYSE and NYSE Arca meet their financial and corporate governance listing standards. For more information on NYSE Group, go to: www.nyse.com.
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