Iceni Gold (ASX:ICL) gears up for ASX-listing with $20M IPO

• Iceni Gold (ICL) is gearing up to make its debut on the Australian Securities Exchange (ASX) on Wednesday, April 14
• The gold explorer raised $20 million via an initial public offering (IPO) with 100 million shares to be issued at 20 cents per share
• That should give the company an initial market cap of around $43.8 million once it begins trading under the ticker code ICL
• Iceni is planning to use part of the IPO funds to explore its flagship 14 Mile Well Project in WA's Laverton region
• The project contains six identified targets where the company wants to carry out reverse circulation and diamond drilling
• At the helm of Iceni is Brian Rodan, who previously led Dacian Gold (DCN), Siren Gold (SNG) and Australian Contract Mining

Read the full article on The Market Herald here.