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IPO Wrap: Here are the 15 stocks ready and waiting to list on the ASX in May
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- Allup Silica is set to list with 5 silica sands projects in WA
- Sarama Resources’ sights set on growing flagship Sanutura project in Burkina Faso
- OreCorp subsidiary Solstice Minerals will focus on WA gold and nickel assets
From explorers to tourism to an assay company, there are 15 stocks set to list on the ASX in the first two weeks of May.
But please note that these listing dates are extremely speculative.
If you’re interested, contact the company direct for a better idea of when they expect to start trading on the ASX.
These companies are listing May 2-6:
Allup Silica (ASX:APS)
Listing: 2 May
IPO: $5m at $0.20
This explorer is focused on its silica sand tenements – and has high hopes for the commodity which is essential for the manufacture of photovoltaic panels (solar) and other vital industrial applications.
The company holds the Unicup, Antwalker, Pipeclay Tree, Esperance and Argyle projects in WA.
Listing: 2 May
IPO: $8m at $0.20
This West African gold explorer is already listed on the TSX, and has sights set on growing its flagship Sanutura project in Burkina Faso.
But Sanutura is already pretty big, with mineral resource of 2.9Moz, including 9.4Mt at 1.9g/t for 600,000oz in the indicated category and 52.7Mt at 1.4g/t for 2.3Moz inferred.
The company has 50,000m of mostly extensional drilling planned in the next 12 months.
Listing: 2 May
IPO: $12m at $0.20
A wholly-owned subsidiary of OreCorp (ASX:ORR), Solstice holds OreCorp’s interests in four WA assets; the Yarri, Kalgoorlie, Yundamindra and Ponton projects.
Going forwards, OreCorp’s existing core business will focus on the Nyanzaga Project in Tanzania, with Solstice Minerals focusing on the WA Assets – which are prospective for orogenic-style gold mineralisation – with the Kalgoorlie Project also prospective for komatiite hosted nickel sulphide mineralisation.
Listing: 3 May
IPO: $12.5m at $0.50
This explorer is building a pipeline of precious and base metal discoveries in Nevada, USA.
Its portfolio includes the Blackhawk polymetallic silver-gold epithermal discovery and the Blackhawk porphyry copper-gold discovery.
SNG also has the Warrior, New Pass and Colorback gold projects.
Around 12,000m of drilling is planned over the next 12 months.
Listing: 5 May
IPO: $10m at $0.20
This gold explorer is focused on revitalising the Victorian goldfields, which host Fosterville and Costerfield, two of the highest-grade underground deposits in the world.
The company is a spin-out from Toronto Stock Exchange listed Mawson Gold – which is now a Nordic focused gold exploration company which holds the Rajapalot gold-cobalt project in northern Finland.
SXG operates the Sunday Creek, Redcastle and Whroo projects in Victoria, along with the Mt Isa polymetalic project in Queensland.
Listing: 6 May
IPO: $183.5m at $6.50
This assay player combines science and software to create technology solutions for the global mining industry.
Its flagship product PhotonAssay was originally developed at Australia’s national science agency, CSIRO, and delivers faster, safer, more accurate and environmentally-friendly analysis of gold, silver and complementary elements.
The company says the technology has rapidly displaced slower, more hazardous and costly processes to become the mining industry’s most innovative and valuable assaying solution.
These companies are listing May 9-13:
Tourism Holdings Rentals (ASX:THL)
Listing: 11 May
This global tourism operator is headquartered in Auckland, New Zealand and is focused on holiday vehicles for rent and sale globally.
In Australia and New Zealand, the company operates under the maui, Britz and Mighty rentals brands, and the RV sales brands – RV Sales Centre, RV Super Centre, and KEA Motorhomes.
In the US, they operate under Road Bear RV Rentals and Sales, and El Monte RV Rentals and Sales and in the UK are a JV partner with Just go Motorhome Rentals & Sales.
THL also manufactures motorhomes and specialist vehicles, sells B2B and B2C products for the RV industry and operates the Discover Waitomo Group within New Zealand.
Bellavista Resources (ASX:BVR)
Listing: 12 May
IPO: $6.5m at $0.20
The explorer is targeting large, high-grade base metal and battery mineral deposits in Western Australia.
The company has a large and highly prospective tenement package that covers approximately 100km of strike of the northern margin of the highly prospective Edmund Basin.
The projects include Brumby Deposit, Vernon Base Metals, Vernon Nickel-PGE and Gorge Creek which are highly prospective for zinc, copper, silver, PGE and uranium deposits.
These companies are listing May 16-20:
Listing: 16 May
IPO: $6m at $0.20
This explorer holds the El Dovio copper-gold-silver-zinc project in central west Colombia.
The company says the project hosts high grade polymetallic mineralisation with grades to 17% copper and 104g/t gold, within a volcanogenic massive sulphide (VMS) target in an extensive belt known to host other polymetallic and VMS prospects and mines throughout western Colombia, Ecuador and beyond.
Aurora Energy (ASX:1AE)
Listing: 16 May
IPO: $8m at $0.20
This company is focused on the exploration and development of its Aurora Project in Oregon, USA.
The project hosts a defined uranium resource and is prospective for lithium and the company will conduct exploration and evaluation programs to assess the potential of both these minerals.
TG Metals (ASX:TG6)
Listing: 16 May
IPO: $6m
This explorer is focussed on assets prospective for nickel, lithium and gold in the Goldfields-Esperance region of WA.
It actually holds the largest land package ever held by one company in the history of exploration within the Lake Johnston Greenstone Belt and says the region has been historically overlooked and underexplored – with the Lake Johnston project never the main focus for nickel majors that previously held the ground.
Bindi Metals (ASX:BIM)
Listing: 19 May
IPO: $4.8m at $0.20
This explorer is planning to acquire the Biloela project in Queensland which is prospective for gold and copper.
The company plans to compile data and geophysical surveys at the Flanagans and Great Blackall prospects, followed by a drilling program at both prospects.
These companies are listing May 23-31
Oceana Lithium (ASX:OCN)
Listing: 27 May
IPO: $6m at $0.20
The company has two lithium projects – the Solonopole Project in Brazil and the Napperby project in the NT.
Solonopole’s permits cover historic artisanal mining sites previously mined for lithium, Coltan (tantalum and niobium) and tin.
And Napperby is in the Pine Creek Pegmatite province – which hosts Core Lithium’s (ASX:CXO) Finniss project.
Uvre (ASX:UVA)
Listing: 30 May
IPO: $6m at $0.20
The company plans to explore and potentially develop its East Canyon project in Utah.
The project is prospective for both uranium and vanadium, two minerals anticipated to play a key role in the generation and storage of low-carbon energy.
Kingsland Minerals (ASX:KNG)
Listing: 31 May
IPO: $5.5m at $0.20
This company has four projects across the NT, including the Allamber uranium and copper project, the Shoobridge uranium and gold project, the Woolgni gold project and the Mt Davis copper and gold project.
Kingsland also holds the Lake Johnston nickel and cobalt project in WA.
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