CAPITAL MARKETS

Monger Gold lifts on listing

TORIAN Resources’ spin-out Monger Gold listed on the Australian Securities Exchange today after an oversubscribed initial public offer that was offered twice as much cash as the A$5 million sought.

 A costean at Mount Monger

A costean at Mount Monger

The raising was priced at 20c, and shares in the Western Australian gold explorer peaked at 28.5c, with 4.5 million shares traded during the session, before closing up 40% at 28c.   Non-executive chairman,...

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