Australia's E79 Gold Mines soars in ASX debut

E79 Gold Mines

07/10/2021 05:17

** Shares of E79 Gold Mines  E79.AX  rise as much as 37.5%
to A$0.275 in ASX debut compared with issue price
    ** Gold explorer raised A$7 mln ($5.10 mln) in an initial
public offering at an issue price of A$0.20 per share
 urn:newsml:reuters.com:*:nASX8nntRg
    ** Says co in strong position to commence maiden exploration
programmes across its flagship projects, the Laverton South and
the Jungar Flats in Western Australia
    ** As of 0406 GMT, E79 shares at A$0.25, up 25% 
    ** Shares open trading at A$0.25

($1 = 1.3738 Australian dollars)

 (Reporting by Himanshi Akhand in Bengaluru)
 ((Himanshi.Akhand@thomsonreuters.com;))