CAPITAL MARKETS

Carawine IPO to seek $7M

THE board of Sheffield Resources has pressed the button on the demerger of its portfolio of gold and base metal assets via the initial public offer of Carawine Resources now that the debt funding for its world-class Thunderbird mineral sands project has been finalised.

Haydn Black
Carawine IPO to seek $7M

The move has been flagged for more than a year and will be built on projects across Western Australia and Victoria. Pending shareholder approvals, Sheffield will distribute the 20 million shares it holds...

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