Shares in Ironbark Zinc surged higher after major shareholder Nyrstar lifted its interest to more than 30 per cent by subscribing to $15 million worth of securities.
Global company Nystar will pay $6.6 million to buy a major stake in Subiaco-based Ironbark Gold, and has agreed to a life-of mine offtake deal for the latter's Citronen lead-zinc project.