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Strong response to Paringa IPO

SILVER Lake Resources-backed Paringa Resources has closed its initial public offering fully subscribed, raising $A10 million.

Kristie Batten
Strong response to Paringa IPO

The company issued 33.3 million shares at 30c per share and expects to list on the Australian Securities Exchange this week. Silver Lake has supported Paringa since its inception in February, loaning...

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