CAPITAL MARKETS

First Au backdoors onto ASX

A NEW gold explorer, born from highly respected Western Australian prospectors Denis O’Meara and Brett Keilor, and resource sector promoter Bryan Frost, is hit the bourse this morning following a A$6.2 million capital raising, but its debut was a damp squib as some of the dead wood was cleared out.

 First AU has interests in the Goldfields and Pilbara.

First AU has interests in the Goldfields and Pilbara.

The company was backdoored into 60-year-old shell concern Public Holdings (Australia), which has not traded since 2016 when it desperately tried to become a tech company and failed, and was expected to...

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