Journalist: Sarah Thompson, Khia Mercer
Date: 8 August 2011
Publication: Australian Financial Review - Street Talk (p. 18)
Morgan Stanley will today sign up as broker and underwriter for the initial public offering of Paltar Petroleum, which is all set to tap into the growing excitement around shale gas in Australia. The IPO is expected to raise $25 million for an indicative market capitalisation of about $130 million with a listing pencilled in for September.
For more information: please click here to read the ASX announcement.
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Sinovus Mining Limited
Level 10, 32 Martin Place
Sydney, NSW, Australia, 2000
Tel: (+612) 8222 6161
Sinovus Mining Ltd (ASX: SNV) is an Australian based junior resource company, primarily focused on developing its gold and silver assets in the Heilongjiang and Hebei regions of northern China.
Sinovus also has an interest in a Chinese coal mine, and holds a strategic investment in an Australian unconventional oil and gas project.