Traditional Chinese Health Clinic to List on Australian Stock Exchange
Chinese health clinic owner Traditional Therapy Clinics Ltd (ASX:TTC) advises that it intends to use ASX BookBuild to facilitate a portion of its Initial Public Offering (IPO) on the Australian Exchange. QA Capital has been appointed Lead Manager to the IPO and AFS Capital Securities Ltd, a Market Participant of the ASX, has been appointed as the Technical Lead Manager and Broker for the IPO. Traditional Therapy Clinics is one of the largest chains of traditional therapeutic health and wellness clinics in China with more than 300 owned and franchised centres. The IPO is expected on 31 August 2015.
Hammer Resources Ltd (ASX:HMX) have identified two large high grade copper targets on their Kalman and Overlander North prospects in Queensland. The Kalman deposit is a structurally controlled copper-gold-molybdenum-rhenium deposit containing an estimated 165,000 tonnes of copper, 25 tonnes of molybdenum, 274,000 ounces of gold and 2 million ounces of rhenium. Drilling at Overlander have intersected a high grade zone including 75 metres at 1.33% Cu and 89 metres at 1.1% Cu.
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Vital Metals Limited
Hammer Metals Limited