Demand high for Prime Minerals

KEY POINTS:

    Prime Minerals says it has closed its initial public offering fully subscribed at A$2.2 million ($2.5 million), prior to listing on the ASX today.

    The IPO involves the issue of 11 million shares at A20c. Prime says it will acquire a portfolio involving uranium, gold, vanadium/titanium and iron
    ore, all within WA.