CAPITAL MARKETS

Eyre Energy IPO postponed

THE recent market volatility has prompted Adelaide Resources to postpone the initial public offer of its spin-off Eyre Energy, which has secured three drill rigs for its Corronbinnie uranium project in South Australia.

MiningNews.Net
Eyre Energy IPO postponed

Both the boards of Eyre and Adelaide agreed to delay the IPO which was to raise $10 million with no provisions for under and oversubscriptions. The recent stock market fall plus a drop in the spot uranium...

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