Salisbury Resources plans to list on the domestic bourse in December and has launched a $5 million initial public offer to fund copper and gold projects in Western Australia, South Australia and the Northern Territory.

Under the offer, Salisbury plans to issue 25 million shares at 20¢ each to raise a minimum $5 million and has made provisions for oversubscriptions totalling a further 10 million shares to raise up to $2 million.

AAP