Dual-listed Tethyan Resources’ decision to delist from the London’s Aim was based on the board’s consideration of challenging macroeconomic conditions and the additional costs that come with maintaining two listings. Speaking to Mining Weekly Online on Wednesday, COO Fabian Baker explained that the company had decided to list on the TSX-V earlier this month as a significant proportion of the company’s financing had come from Canada over the past 12 months, especially from Vancouver-based Southern Arc Minerals, which owns 29.9% of the exploration company.
