CAPITAL MARKETS

Coppermoly seeks listing on Australian bourse

CANADA'S New Guinea Gold has spun-off a new Papua New Guinea-focused company, Coppermoly, which intends to raise up to $A20 million ($US18.4 million) from its listing on the Australian Securities Exchange in late December.

MiningNews.Net
Coppermoly seeks listing on Australian bourse

Coppermoly will offer up to 80 million shares at 25c each to raise the funds. The funds will used to carry out exploration work on the Simuku, Mt Nakru and Plesumi copper-gold-molybdenum systems in...

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