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Central Queensland Resources launches $3.5 million IPO

CENTRAL Queensland Resources lodged a prospectus with the Australian Securities and Investment Commission Friday seeking to raise $3.5 million through an IPO to fund on-going exploration and development.

Greg Tubby

CQR plans to issue 17.5 million fully paid ordinary shares at an issue price of 20c per share, with one free attaching option. The explorer said its three project areas, Connors Range, Ukalunda and...

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