CAPITAL MARKETS

Mongolian plays prove popular

EXPLORER Xanadu Mines’ initial public offering has already closed and is $A3 million over-subscribed ahead of its listing next week.

Blair Price
Mongolian plays prove popular

The IPO aimed to raise $21 million at 60c per share but strong demand allowed the company to issue another 5 million shares to take the raising to $24 million. With its shares to debut on Tuesday,...

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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.

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