CAPITAL MARKETS

Argo's premium outing

MINERALS explorer Argo Exploration debuted on the Australian Stock Exchange yesterday at an 80% premium to its issue price following the early closure of its oversubscribed initial public offer, which raised $7 million.

Rebecca Lawson
Argo's premium outing

Offering 35 million shares at 20 cents per share in its IPO, Argo opened at 36c before cooling to close at 27c. Funds raised will go towards exploration at the company’s two key projects, Intercept Hill...

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A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

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