Northern Energy shines on debut

COAL junior Northern Energy has closed its $4 million initial public offering oversubscribed and listed on the Australian Stock Exchange today at a 35% premium.

Northern Energy shines on debut Northern Energy shines on debut Northern Energy shines on debut Northern Energy shines on debut Northern Energy shines on debut

The public offer included the issue of up 20 million shares in Northern Energy at 20c each, giving the company a market capitalisation of about $11 million.

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