CAPITAL MARKETS

Torque cancels ASX float

FRONTIER Resources has withdrawn the initial public offering for Torque Mining after directors decided it was unlikely to meet the $A3 million threshold, it said.

Hannah Vickers
Torque cancels ASX float

Torque is the Tasmania-focused Frontier spin off. Frontier said the minimum subscription mark of $3 million had not been met and it seemed unlikely to be achieved in the near term as a result of the...

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