CAPITAL MARKETS

Power surges on the ASX

IT WAS a positive start to listed life on the Australian bourse for Power Resources with the uranium explorer opening the day at a 35% premium to its 20c issue price after raising $A2.2 million in its initial public offering.

MiningNews.Net
Power surges on the ASX

The stock opened at 27c before cooling to close the day at 25.5c with 475,000 shares changing hands. The Perth-based company has a 100% interest in two projects in Western Australia - one granted and...

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