CAPITAL MARKETS

Siburan launches $3M IPO

SIBURAN Resources has become the latest Western Australian explorer to seek a listing on the Australian Securities Exchange, launching a $A3 million initial public offering last week to fund its gold and uranium exploration program in the state.

Nick Evans
Siburan launches $3M IPO

Siburan will offer punters 15 million shares at 20c each to meet the offer’s minimum subscription of $3 million, and the company says it will take up to an additional $2 million in over-subscriptions if...

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