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    Home»Deals»Blackstone Plans Subsidiary to List in the US Capital Markets
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    Blackstone Plans Subsidiary to List in the US Capital Markets

    June 22, 20211 Min Read
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    Blackstone Resources AG (SWX: BLS) is considering a extension of our battery interests in the subsidiary Blackstone Technology GmbH to list in the US market to raise additional capital and diversify its current investor base.

    At present, Blackstone Resources AG is listed on the Swiss SIX exchange (Symbol BLS) in Switzerland and has invested huge amounts into Blackstone Technology. The BLS stock has enjoyed good liquidity and healthy trading volumes. Business has been excellent in all the invested segments.

    Although we enjoy strong support from the Swiss stock market, we have ambitious expansion plans. There are many innovative battery companies that are currently raising capital in the US to bring the next generation of batteries to the market or its expansion. What sets Blackstone apart is that we already have tried and tested technologies.

    Read more/Source: Business Wire

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