Tuesday, 8 May, 2018 - 15:08
Rox to spin-out gold project
West Perth-based Rox Resources has announced plans to spin-out its Mt Fisher gold project into a newly established company, Helios Gold, via an initial public offering.
In May 2018, Rox Resources announced plans to vend its Mt Fisher gold project in Western Australia into a newly established, 100%-owned subsidiary, Helios Gold Limited (Helios), and list this company on the Australian Stock Exchange via an Initial Public Offering. It is expected that Rox will initially hold an interest of approximately 33% in Helios.
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