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Sovereign Gold Co Ltd (ASX:SOC) (Sovereign Gold) has been advised by Mount Adrah Gold Limited (Mount Adrah) that it has withdrawn the IPO of Mount Adrah and has also withdrawn its application to list on the ASX.
Mount Adrah also advises that funds received pursuant to the IPO to date will be returned to investors forthwith.
Sovereign Gold retains its 72.11% interest in Mount Adrah.
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