Jersey, Channel Islands, 5 July 2006 (LSE:RRS)(Nasdaq:GOLD) - Randgold Resources has been included in the premier listing tier launched by Nasdaq this week.
Known as the Nasdaq Global Select Market, the new tier will, according to Nasdaq, have the highest initial financial and liquidity standards of any market in the world. It heads a three-tier system and is followed by the Nasdaq Global Market and the Nasdaq Capital Market. Nasdaq plans to introduce indices based on these new tiers.
Randgold Resources has been listed on Nasdaq since 2002. Its primary listing is on the London Stock Exchange, where it is included in the FTSE 250 and the FTSE Gold Mines Index.
"Randgold Resources aspires to the highest market standards and we're gratified by Nasdaq's recognition of this," chief executive Dr Mark Bristow said. "We already have a substantial following in North America and inclusion in the Nasdaq Global Select Market will raise our visibility and no doubt stimulate investor interest there further."