CAPITAL MARKETS

Adriatic launches with strong backing

ADRIATIC Resources has listed on the ASX after a A$10 million initial public offering in which it secured the backing of Sandfire Resources.

 Veovaca

Veovaca

The offer was heavily oversubscribed with Sandfire subscribing for a $2 million cornerstone investment. That gives Sandfire 7.7% of the company, the largest shareholder outside directors and management....

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