08-09-2016 14:32 via news.yahoo.com

Gold explorer WRE plans $40 mln dual listing

South African gold explorer White Rivers Exploration (WRE) aims to raise up to 30 million pounds ($40 million) with a dual stock market listing in London and Johannesburg next year to help it to develop one of the world's largest bullion deposits. WRE Executive Chairman Neil Warbuton told Reuters that the 11.5 million ounce reserve offers "huge upside potential" as one of the largest unmined high-grade gold resources in the world and that a dual listing will facilitate commercialisation of the p
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