CAPITAL MARKETS

Pajingo to Cowal

EVOLUTION Mining's sale of the Pajingo operation in North Queensland this month neatly completes a cycle that could perhaps be described as 'foundation to flagship' and one that stands as an obvious base case template for growth for aspiring juniors.

Michael Quinn
Pajingo to Cowal

Pajingo was acquired in 2010 by Evolution forerunner Conquest Mining after it bought 40% of the project from Heemskirk Consolidated for $A27 million cash and 10 million shares (valued at $10 million),...

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