CNMC Goldmine Holdings Limited, a producing #gold mining and exploration
company, was last month the first gold mine company to successfully list with
the help of Prime Partners under the new #SGX Catalist rules for mineral, oil
and gas companies. CNMC is principally engaged in the business of exploration
and mining of gold and the processing of mined ore into gold doré for
subsequent sale. They are currently focused on the mining and production of gold
at the Sokor Block, in Kelantan, Malaysia, that is undertaken by its subsidiary,
CMNM (the "Sokor Gold Project"). For more information on CNMC's progress
following the listing, check out this article from The Edge . CNMC Goldmine's
IPO raised proceeds of approximately S$8.37 million, which will be used to fund
the expansion of the Group's gold extraction facilities, increase ore
processing capacity and to continue exploration in search of new gold
mineralisation and silver, lead and zinc. Prime Partners, the issue manager and
joint placement agent for the IPO will be sharing their case study as part of a
special workshop dedicated to helping mining companies list on SGX at Asia
Mining Congress 2012. For more information, visit our website .
No comments:
Post a Comment