CAPITAL MARKETS

Rincon rings in maiden trading session

HAVING delivered one of 2020’s most successful recapitalisations to kick off 2020, Tesoro Resources pair Geoffrey McNamara and Zeff Reeves have capped off a banner year with the successful float of a new Western Australia-focused gold and base metals explorer.

 Rincon has a position south of the giant Telfer copper-gold mine

Rincon has a position south of the giant Telfer copper-gold mine

Rincon, which at one point was going to sell its projects to Artemis Resources for scrip, successfully raised the maximum A$6 million at 20c.   When the shares hit the market, the stock opened up more...

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