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Noah Resources to raise $3m in IPO
13-November-07
Written by Andrew Hobbs
Perth-based gold and base metals explorer Noah Resources NL has launched its prospectus, aiming to raise $3 million in its initial public offer to fund exploration of its tenements in New South Wales.
The company, which will issue 15 million shares at 20 cents each to raise the money, has three 100 per cent-owned tenements in the Lachlan Fold Belt of New South Wales.
It also has the right to earn up to a 70 per cent interest in Monaro Mining NL's Mount Paynter and Wymah tenements in the same region.
Article continues...
13-November-07
Written by Andrew Hobbs
Perth-based gold and base metals explorer Noah Resources NL has launched its prospectus, aiming to raise $3 million in its initial public offer to fund exploration of its tenements in New South Wales.
The company, which will issue 15 million shares at 20 cents each to raise the money, has three 100 per cent-owned tenements in the Lachlan Fold Belt of New South Wales.
It also has the right to earn up to a 70 per cent interest in Monaro Mining NL's Mount Paynter and Wymah tenements in the same region.
Article continues...
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