
Yandal Resources’ IPO hopes
Yandal Resources Flinders Park South outcrop. Image: Yandal Resources. BY JESSICA CUMMINS GOLD explorer Yandal Resources hopes to be listed on the ASX by December this year after launching a $5 million initial public offering (IPO). With a suite of top quality gold projects in the Yandal greenstone belt in WA, the miner hoped to raise funds to retest and extend upon historic exploration work. Yandal Resources managing director Lorry Hughes said the company had received a “fantastic” response from investors to date. “We expect to have a very big first half of the year next year where we will be looking to conduct major drill programs on our projects,” Mr Hughes told The Australian Mining Review. Among...