issue American Depository Receipts (ADRs) for the company's ordinary shares.

The exchange rate is five ordinary shares, worth one cent par value, for each ADR.

The company anticipates the ADRs will be listed for trading on the Nasdaq National Market System on August 7 under the symbol NORPY, said Bloomberg Business News. Shareholders can exchange shares through October 24.

After that date, the bank will charge a conversion fee of five cents per ADR.

Instead of buying shares of foreign-based companies in overseas markets, Americans can buy shares in the US in the form of and ADR.

The company plans to delist ordinary shares from Nasdaq around September 25.

and after that, the company's ordinary shares will continue to trade on the Australian Stock Exchange and the ADRs will trade on the Nasdaq-NNM.

Nord Pacific, a diversified international resources company, is engaged in the production of copper and the exploration for and development of several base and precious metals and strategic minerals in Australia, Papua New Guinea and North America.