Heritage Gold’s 28%-owned Broken Hill to sell shares, go public

11 November 2010

Broken Hill Prospecting, which holds licences over mineral deposits in the ore bearing Broken Hill region of Australia, plans to sell up to A$9 million of shares that trade on the ASX and the NZX.

The minerals prospector is 28%-owned by dual-listed Heritage Gold, whose shareholders have been offered a priority entitlement to the new stock in the initial public offering.