24
Jan
12:39
Constance Iron targets London IPO
Australian iron ore developer Constance Iron says it plans to list on the London Stock Exchange to raise funds to commence iron ore mining in 2023. It has yet to achieve its plans to list, which had been part of its financing deal with partner Tulla Resources, Kallanish notes.
The company is reportedly seeking a valuation of £300 million ($371m), raising £100m through an IPO. This would fund the start of operations at two mines. The first is the Norsem…
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