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IronClad, Clancy make strong debuts

THE Australian market has welcomed two new resource stocks to public life, with Clancy Exploration debuting at a slight premium and Trafford Resources spin-off IronClad Mining opening at a stellar 52% premium to its $1 issue price.

Rebecca Lawson
IronClad, Clancy make strong debuts

Shares in IronClad opened at $1.52 before touching an intraday high of $1.53. At time of writing, shares had cooled to $1.465 in the afternoon. IronClad will acquire a 50% interest in the Wilcherry...

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