Zinc Co to raise $5m via IPO

GIRALIA Resources’ spin-off company Zinc Co Australia aims to raise up to $A5 million in its initial public offering to fund exploration work, resource assessment and scoping studies needed to progress its Western Australian zinc projects to development stage.

Zinc Co to raise $5m via IPO Zinc Co to raise $5m via IPO Zinc Co to raise $5m via IPO Zinc Co to raise $5m via IPO Zinc Co to raise $5m via IPO

Zinc Co, which lodged its IPO prospectus with ASIC yesterday, will issue 25 million shares at 20c each with the offer opening on April 16.

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