Gold Fields, Silver Lake back Encounter spin-off

ENCOUNTER Resources’ greenfields explorer Hamelin Gold managed to win some big firepower for its A$10 million initial public offering of up to $12 million sought, but the company dipped on debut today.

Gold Fields, Silver Lake back Encounter spin-off Gold Fields, Silver Lake back Encounter spin-off Gold Fields, Silver Lake back Encounter spin-off Gold Fields, Silver Lake back Encounter spin-off Gold Fields, Silver Lake back Encounter spin-off

Hamelin chairman Will Robinson, MD Peter Bewick, and non-executive director Justin Osborne mark the company's debut today

Hamelin shares fell 5% to 19c, below its 20c offer price, soon after it listed, although just 640,000 shares were traded within the first hour.

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