Minrex stays afloat

NEWCOMER Minrex Resources, featuring directors of Zambezi Resources, has listed on the ASX this afternoon with its shares closing at a 7.5% premium to their A20c issue price.

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Shares closed on 21.5c on volume of 485,000.

Minrex was formed in May this year and completed a $3.5 million initial public offering.

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