Mineral processor launches IPO, eyes offshore expansion

SYDNEY University-based high-technology group Intec Ltd said today it has launched an initial public offering to finance the marketing of its minerals processing technology worldwide.

Mineral processor launches IPO, eyes offshore expansion Mineral processor launches IPO, eyes offshore expansion Mineral processor launches IPO, eyes offshore expansion Mineral processor launches IPO, eyes offshore expansion Mineral processor launches IPO, eyes offshore expansion

At the retail price of 20 cents per share, Intec will issue 25 million shares and expects to have a market capitalisation of $29.2 million following the conclusion of the offer period on February 21.