Allan Kelly is managing director of Riversgold. Photo: Attila Csaszar

New gold IPO as explorers relist

A new gold exploration company led by former Doray Minerals boss Allan Kelly and backed by Evolution Mining has announced plans to list on the ASX, whilst two other junior miners have joined the bourse after completing backdoor listings.

Riversgold lodged its prospectus today, with plans to raise a minimum of $5 million and up to $8 million through an initial public offering, which will be priced at 20 cents a share.

The company is led by Mr Kelly and former Sirius Resources director Jeff Foster.


(existing subscribers)

The password field is case sensitive.
Request new password

Register for free

Sign up here for free access to 7 articles per month + twice daily business email alerts.

Thanks! This question prevents spammers...
Enter the characters shown in the image.

Add your comment

Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 29/09/17

1 year TSR5 year TSR
181stMount Gibson Iron38%-9%
514thRamelius Resources-20%-1%
545thCI Resources-25%33%
769thDoray Minerals-69%-25%
719 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

$0 Issued
$0 Issued
$115k Bought
Total value as at the date of the transaction
Source: Morningstar


22nd↑Tiger Resources$202.7m
23rd↑Ramelius Resources$199.1m
24th↑Doray Minerals$183.0m
25th↓Mount Gibson Iron$167.9m
26th↑CI Resources$151.7m
489 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Doray Minerals

362ndJon Latto$380k
425thMark Cossom$331k
1097thPeter Alexander$68k
Ranked by total remuneration from all listed WA companies

BNiQ Disclaimer