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Deutsche Bank Appointed as Depositary Bank for the Sponsored American Depositary Receipt Program of Andean Silver Limited
Deutsche Bank Appointed as Depositary Bank for the Sponsored American Depositary Receipt Program of Andean Silver Limited
Context
What happened: Deutsche Bank announced its appointment as depositary bank for the sponsored American Depositary Receipt program of Andean Silver Limited, an Australian mineral exploration and development company.
Key numbers: Effective date October 20, 2026. Level I ADR. Symbol ADESY on OTC. Current ratio 1 ADS to 5 ordinary shares. CUSIP 03349G 108. ISIN US03349G1085. Custodian Bank BNP Paribas S.A.
Why it matters: The program gives Andean Silver a sponsored ADR structure on the OTC market, with Deutsche Bank administering the depositary receipts and related services.
What changed
Deutsche Bank announced its appointment as depositary bank for the sponsored American Depositary Receipt program of Andean Silver Limited, an Australian mineral exploration and development company.
Why it matters
The program gives Andean Silver a sponsored ADR structure on the OTC market, with Deutsche Bank administering the depositary receipts and related services.