CAPITAL MARKETS

Cool reception for Alaskan gold explorer

DESPITE a well-supported initial public offering that easily exceeded its minimum target of A$7 million, investors didn’t flock to Felix Gold when it commenced trading this morning.

 Felix is looking for gold in one of the world's most prospective jurisdictions

Felix is looking for gold in one of the world's most prospective jurisdictions

While the issue of 40 million shares at 25c was well-supported, with the Canaccord Genuity-backed IPO raising the full $10 million sought, the shares opened at 22c, and fell to a low of 18c in early trade....

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A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

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