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Nelson completes ASX listing on 2nd attempt

Western Australia-focused gold explorer Nelson Resources Ltd. made its debut on the ASX through a A$5 million IPO, Mining Weekly reported Dec. 8.

The company's long-delayed listing finally pushed through on the second try, as it pulled out of the first IPO after it struggled to raise the amount and was forced to extend the offer three times.

Nelson Resources holds the Socrates, Yarrie, Wilga Well and Happy Jack gold projects in Western Australia, which it acquired in a deal with MTWH Corporate Pty. Ltd.