Mayur Resources (ASX:MRL) successfully lists Adyton on TSXV
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Mayur Resources (MRL) has successfully listed its copper and gold assets in Papua New Guinea on the Toronto Stock Exchange Venture (TSXV)
The newly listed company is called Adyton Resources and will trade under the code ADY
The spinout saw more than C$10.5 million (approximately A$10.5 million) raised, valuing Adyton at around C$38 million (roughly A$38 million)
Notably, Mayur owns around 43 per cent of Adyton shares
On the market this afternoon, Mayur is up 10.3 per cent and is trading at 32 cents per share