CAPITAL MARKETS

African gold explorer latest victim of lacklustre IPO interest

DAVID Sproule’s new vehicle, Africa-focused gold explorer Polymetals Resources, hit the ASX today and continued the streak of lacklustre debuts for June debutants. 

 Polymetals' permits are pocked with artisanal workings

Polymetals' permits are pocked with artisanal workings

The company successfully raised A$5.2 million at 20c of up to $7 million sought.   The IPO, which was supported by Beer & Co, was said to be supported by a mix of institutional investors, resource-focussed...

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