Taiton Resources (ASX:T88)

Company Profile

Taiton Resources Limited (ASX: T88) is a mineral exploration and development company focusing on discovering mineral deposits.  The company strategy is to focus on uncovering Mineral Systems which have proven mineralisation.

This innovative approach has allowed Taiton to have a First Mover Advantage in securing the Highway Project in South Australia. This has allowed Taiton to have a dominant land holding and potentially uncover the Next Elephant Deposit in Australia.

The Initial Public Offering is to issue a minimum of 35,000,000 Shares and a maximum of 50,000,000 Shares at a price of $0.20 per Share to raise a minimum of $7,000,000 and a maximum of $10,000,000 (before costs). The minimum raise of $7,000,000 under the IPO has been underwritten.

KEY PEOPLE

Datuk Siak Wei Low | Non-Executive Chair

Datuk Siak Wei Low | Non-Executive Chair

Chartered Accountant by profession and a Fellow of the CPA Australia and is also an alumni member of the Harvard Business School. Low has extensive experience and expertise in the following areas:

providing investment advisory services;

corporate advisory functions on fund raising;

merger and acquisition deals; and

capital market activities.

Noel Ong | Managing Director

Noel Ong | Managing Director

Noel Ong is a geologist with over 30 years of experience in the resource industry. He has extensive mineral exploration and project management experience in the gold, lithium, iron ore (hematite and magnetite), tantalum and the diamond industry.

David Low | Executive Director

David Low | Executive Director

Chee Cheong Low (David) is a CPA and graduated from the University of Sydney with a Bachelor of Economics (Accounting). He has 20 years of investment banking and corporate advisory experience in Asia and Australia having advised on various mergers and acquisitions, initial public offerings, fund raising (both debt and equity) and during the Asian Financial Crisis, corporate and debt restructuring.

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