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Tian Poh looks for $6m IPO for Mongolian coal hunt

Perth-based coal exploration company Tian Poh Resources is looking to explore in Mongolia and is hoping to raise up to $6 million on the Australian Stock Exchange.

Perth-based coal exploration company Tian Poh Resources is targeting ex­ploration in Mongolia and hopes to raise up to $6 million on the Australian Stock Exchange.

Singapore-backed Tian Poh is looking to issue 10 million shares at 20¢ to raise a minimum of $2 million to explore thermal and coking coal ­deposits and porphyry copper-gold deposits across southern Mongolia.

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    Original URL: https://www.afr.com/companies/financial-services/tian-poh-looks-for-6m-ipo-for-mongolian-coal-hunt-20140818-j8hlf