CAPITAL MARKETS

Gold Tiger slinks away

AN EXPERIENCED team, underexplored ground near Coolgardie and a steadily improving gold price that has crept towards A$2000 per tonne was not been enough to convince anaemic equity markets to take a chance on Gold Tiger Resources’ A$4-5 million initial public offer.

 Tiger has withdrawn from its IPO attempt.

Tiger has withdrawn from its IPO attempt.

The explorer had hoped to list in May, and only needed to raise $2 million to meet its target because a high net worth Indonesian businessman, Rachmat Hamami, had agreed to bankroll half the minimum IPO...

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