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Sultan Resources lists on ASX following A$4.8M IPO


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Sultan Resources lists on ASX following A$4.8M IPO

Sultan Resources Ltd.'s shares were admitted to the ASX on Aug. 14 following a A$4.8 million IPO.

The junior explorer issued 24 million shares at 20 Australian cents apiece in connection with the listing, it said in a same-day release.

The miner's shares are expected to start trading on the exchange Aug. 16 under the ticker SLZ.

Sultan Resources focuses on the development and acquisition of tenements prospective for gold and other minerals in Western Australia.