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Turkish miner Koza's IPO work continuing-companies

Fri Feb 8, 2008 8:52pm IST
 
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ISTANBUL, Feb 8 (Reuters) - Work on an IPO for Turkish gold miner Koza Altin Isletmeleri is continuing, the company's owners Ipek Matbaacilik IPMAT.IS and Koza Davetiye KOZAD.IS said on Friday, after a Reuters report that the IPO had been stalled.

Sources with direct knowledge of the situation earlier told Reuters the IPO had been delayed.

In a statement to the Istanbul Stock Exchange, Ipek and Koza said: "The story does not reflect the truth. Our work on the public offering is continuing." It did not provide further details. (Reporting by Daren Butler; Editing by Greg Mahlich)

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