Renaissance Minerals makes a strong market debut

June 28th, 2010 by MAGNUS

MAGNUS Investor Relations + Corporate Communication recently worked with minerals exploration company, Renaissance Minerals Limited, on its Initial Public Offering (IPO) to raise funds to support its exploration and production plans in Western Australia and Alaska.

Renaissance initially appointed MAGNUS in January 2010 to assist with the acquisition of Gryphon Minerals Limited’s prospective and under-explored projects in the Southern Cross and Eastern Goldfields gold provinces of Western Australia, and a 90 per cent interest in the Quicksilver Gold Project in south western Alaska.

Renaissance’ IPO was substantially oversubscribed before successfully listing on the ASX on Friday 11 June, 2010, attracting strong demand from both Australian and international gold focused institutions, as well as retail investors.

Additionally, MAGNUS has recently provided Hawkesbridge Private Equity with strategic communication and media relations advice.