Currently viewing Global edition

G11 lists in Canada, raises $3.9 million

Ireland-focused zinc exploration company Group Eleven Resources (CN:ZNG) has listed on the Toronto Venture Exchange and raised C$5 million (US$3.9 million) via an initial public offering.

G11 lists in Canada, raises $3.9 million G11 lists in Canada, raises $3.9 million G11 lists in Canada, raises $3.9 million G11 lists in Canada, raises $3.9 million G11 lists in Canada, raises $3.9 million

G11's IPO funds will go towards exploration and project evaluation at its projects in Ireland

The company's common shares have been listed and trading will start on December 18.

The IPO included the sale of 12.5 million units, including shares and warrants, at $0.40 each.