Torrens Mining make their ASX debut
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(Kitco News) - Torrens Mining (TRN:ASX) has now listed on the ASX exchange this week after rising $10 million to progress its gold and copper exploration in Australia and Papua New Guinea.
The Australian-based firm has gold, copper and cobalt prospects in the Victorian Goldfields and Elizabeth Creek in South Australia, along with a pending exploration license at the Laloki copper-gold project in Papua New Guinea. Torrens raised $10 million through issuing 50 million shares at 20 cents each.
Chairman Bill Bloking stated, “The strong investor interest in Torrens’ IPO and its associated exploration portfolio represents a strong endorsement of our assets and management team and the strength of our core strategy – which is to discover and develop gold and copper deposits in Australia and PNG,”.