CAPITAL MARKETS

Mineros TSX debut as costs jump, profit falls

Colombian gold producer Mineros has listed on the Toronto Stock Exchange under the ticker MSA after a drawn-out process taking several years. After opening at C$1.15, it jumped to C$1.23 before falling back to C$1.14 on volume of 426,000 shares traded, ending its debut with a market capitalisation of C$338 million.

Paul Harris in Medellin, Colombia
An alluvial dredge at Mineros' Bagre opertion in Antioquia, Colombia

An alluvial dredge at Mineros' Bagre opertion in Antioquia, Colombia

The company raised US$20 million with an over-subscribed concurrent public offering in Canaca issuing 22.2 million shares priced at US90c (C$1.12). It also issued 12.8 million shares for $11.5 million...

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