RML to list on Nasdaq
Dominari's advisory board includes Donald Trump Junior and Eric Trump
The company's dual listing strategy will provide a pathway to gaining support from US investors and government bodies
Special report: Resolution Minerals has appointed two US investment firms to help the company list on Nasdaq - including Dominari Securities, which counts Donald Trump Junior and Eric Trump among its advisory board members, and Revere.
The company is confident that the dual listing will help drive development of the Horse Heaven antimony-gold project in Idaho.
Dominari Securities, a Nasdaq-listed investment bank headquartered in the Trump Tower, New York, has listed more than 30 companies in the last three years, including Nasdaq's best performing IPO of 2025 – Diginex.
Within the first three months of listing, Diginex surged 3800% and is currently up nearly 1500% from its IPO price.
Dominari Securities has also raised significant capital for several of Elon Musk's ventures, including SpaceX and xAI.
Both Donald Trump Jr and Eric Trump sit on Dominari's advisory board and own a substantial holding of 6.6% in the firm. The third advisory board member is Ronald Lieberman, an executive vice president at the Trump Organisation. Eric Trump's wife, Lara Trump, was co-chair of the Republican National Committee.
The other investment firm is Revere, a broker-dealer focused on the emerging growth sector in the US.
Revere has been involved in more than US$310m worth of capital market transactions in the past 12 months, including as co-underwriter for the Diginex and Top Win International IPOs.
Resolution Minerals (ASX:RML)believes the Nasdaq and ASX dual listing will open the company to the biggest liquidity capital market in the world, providing a path to increased interest, investment and support from major US investors, brokers and US government bodies.
Watch video: Eric Trump comments on Dominari
Nasdaq a 'natural home' for RML
North American investors are increasingly aware of RML's position to potentially support the US Government's critical minerals strategy by developing Horse Heaven.
The project shares its eastern boundary with A$3bn market cap Perpetua Resources and its Stibnite gold-antimony project, which hosts a 4.8Moz Au reserve and a 148Mlb Sb reserve.
Horse Heaven boasts strong gold, antimony and silver mineralisation in two prospects – Antimony Ridge Fault Zone and Golden Gate Fault Zone – and includes past-producing antimony and tungsten mines.
According to Craig Lindsay, RML's CEO of US Operations, Horse Heaven is not a nearology play – it is an exactology play, referring to Horse Heaven's geological signature being almost identical to Stibnite's.
Steve Promnitz, who recently joined Resolution as Senior Strategic Advisor, has stated that Horse Heaven 'may well be Stibnite 2.0'.
Past rock chip results include up to 5.99g/t Au, 367g/t silver and 19.15% Sb, with past drilling returning up to 1.459g/t Au.
Most importantly, the asset is eligible for fast-tracking under FAST-41, a US federal initiative to streamline approvals of critical infrastructure.
Increased visibility through a Nasdaq listing and active promotion of RML by Dominari and Revere within the US market, are expected to assist with this objective.
With RML's primary focus being on US defence and national security metals, and the Horse Heaven project's location in Idaho, the company believes the Nasdaq to be a natural 'home' for RML.
This article was developed in collaboration with Resolution Minerals, a Stockhead advertiser at the time of publishing.
This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.
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News.com.au
6 hours ago
- News.com.au
Tesla ordered to pay $US242 million in Autopilot death
A Florida jury on Friday ordered Tesla to pay hundreds of millions of dollars to plaintiffs who blamed a deadly 2019 crash on the company's 'Autopilot' driver assistance technology. The jury found Tesla's system partly responsible for a crash in Key Largo that killed Naibel Benavides Leon and injured her boyfriend, Dillon Angulo, according to attorney Darren Jeffrey Rousso, a partner at the law firm that represented Angulo and Leon's family. The plaintiffs had alleged that Autopilot was to blame when driver George McGee's Tesla careened into a Chevrolet sport utility vehicle, killing Leon and injuring Angulo. The jury awarded $US200 million ($309 million) in punitive damages, plus $US59 million ($91 million) in compensatory damages to Leon's family and $US70 million ($108 million) in damages to Angulo, according to court records. Since the jury assigned one-third of the blame to Tesla, the compensatory damages will be reduced, Rousso said, with the total impact of the jury award totalling $US242 million ($374 million) after these reductions. 'Justice was done,' Mr Rousso said. 'The jury heard all the evidence and came up with a fair and just verdict on behalf of our clients.' Tesla will appeal the decision, according to its defense attorneys. 'Today's verdict is wrong and only works to set back automotive safety and jeapordise Tesla's and the entire industry's efforts to develop and implement lifesaving technology,' Tesla said through its legal team. 'The evidence has always shown that this driver was solely at fault because he was speeding, with his foot on the accelerator — which overrode Autopilot — as he rummaged for his dropped phone without his eyes on the road. 'To be clear, no car in 2019, and none today, would have prevented this crash. This was never about Autopilot.'
