Broken Hill Prospecting IPO raises $4.47m

7 February 2011

Base metals explorer Broken Hill Prospecting Ltd says its initial public offer has closed, raising $4.47 million. The company sought to raise up to $5 million through the issue of up to 25 million shares at a price of 25c each. Broken Hill Prospecting expects to list on the Australian and New Zealand stock exchanges on February 15.

http://www.brisbanetimes.com.au/business/markets/broken-hill-prospecting-ipo-raises-447m-20110207-1aiql.html

The Brisbane Times