CAPITAL MARKETS

Leviathan seeks up to $30 million

MPI Mines gold spin-off Leviathan Resources is seeking up to $30 million in an IPO for redevelopment of the Stawell gold mine in Victoria, following LionOre Mining International’s $285 million takeover bid for MPI’s nickel assets.

Rebecca Keenan
Leviathan seeks up to $30 million

MPI had said in October Leviathan would conduct a $15 million IPO. The increase in capital sought resulted from a fleshing out of Leviathan’s exploration plans, according to investor relations manager...

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