Australian miner West Cobar Metals gains 25% on ASX debut

West Cobar Metals

01/10/2021 04:01

** Shares of West Cobar Metals Ltd  WC1.AX  surge as much as
25% to A$0.25 on their ASX debut
    ** Gold and base metal explorer raises https://www.asx.com.au/asxpdf/20211001/pdf/4515htmxbfvql5.pdf
 A$5.5 mln ($3.97 mln) via IPO at an issue price of A$0.20 per
share
    ** WC1 up 12.5% at A$0.225, as of 0253 GMT, with 965,732
shares changing hands 
    ** Co says drilling to commence at its Bulla Park project in
New South Wales for potential copper-silver deposit in October 
  
($1 = 1.3843 Australian dollars)

 (Reporting by Dhriti Garg in Bengaluru)
 ((dhriti.garg@thomsonreuters.com))