AIM-listed Norseman Gold plc, (ASX: NGX) has listed on the ASX at 62 cents at a heady premium to listing price of 45 cents. Trading volume was 2.7 million shares. Closing price was 54 cents.
Norseman offered 20 million shares at 0.45c each through lead manager Patersons Securities.
Chief Executive Officer Barry Cahill said the initial public offering had been fully subscribed. The aim of the listing was to improve liquidity.
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