GOLD
West African gold developer and explorer Tietto Minerals started trading on the Australian Stock Exchange earlier this month, following its successful initial public offer (IPO) that raised A$6-million from institutional and high net worth investors, including two global resources funds. The company issued 30-million shares at A$0.20 a share through its IPO, with a total of 193.1-million shares on issue. This gave Tietto an undiluted market capitalisation of A$38.6-million upon listing.
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