X

IPO Wrap: Palladium, uranium and THERMAL PLASMA – the 10 companies set to list before the end of June

Picture: Getty Images

share

  • Southern Palladium’s South African play could challenge Russia’s palladium output
  • Cavalier Resources has three near-term gold and nickel projects in WA
  • Synergen Met aims to apply its thermal plasma technology platform to create sustainable solutions to environmental challenges

 

There are nine explorers gearing up to list on the ASX between now and the end of June – along with a thermal plasma technology player.

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 are the companies are listing next week:

 

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.

 

These companies are listing Jun 6-10

 

Southern Palladium (ASX:SPD)

Listing: 8 June

IPO: $19m at $0.50

The platinum group minerals (PGM) explorer and developer will acquire a 70% interest in private company Miracle Upon Miracle Investments on listing – which holds the Bengwenyama PGM project in South Africa.

The project currently has a JORC 2012 Inferred Resource of 18.80 million oz (3 PGE + gold) and drilling is planned to kick off shortly after listing.

Plus, Bengwenyama is on the Eastern Limb of the Bushveld Complex (a major PGM deposit) which the company is looking to prove up.

 

Cavalier Resources (ASX:CVR)

Listing: 10 June

IPO: $7m at $0.20

This near-term producer has a portfolio consisting of three projects within proven gold and nickel regions in WA – the Leonora Project which holds 101,000 gold ounces at the Crawford Gold Project 25km east of St Barbara’s gold mill, the Gambier Lass North Project to the north of the Crawford Gold Project, Hidden Jewel and Ella’s Rock Nickel-Gold Project.

All three projects are close to several mills, which potentially provides the company with the opportunity for near-term production once feasibility studies are complete.

Collectively, the company’s management team have more than 60 years’ mining experience with executive chairman Ranko Matic and technical director Daniel Tuffin on board, both whom were responsible for the successful listing of Panther Metals (ASX:PNT) late last year.

 

Here’s who’s listing June 13-17

 

Synergen Met (ASX:SH2)

Listing: 14 June

IPO: $25m at $0.20

The company’s main business undertaking is the development and production of its thermal plasma technology platform and commercial development of applications to create sustainable solutions to environmental challenges.

The main applications include modular hydrogen production and PFAS water treatment and destruction for councils and water utilities.

 

These companies are listing June 20-24

 

Summit Minerals (ASX:SUM)

Listing: 20 June

IPO: $5.5m at $0.20

This battery metals explorer has four projects in WA and one in NSW.

In WA it’s assets include the Stallion REE-uranium project, the Philips River lithium project, the Gascoyne REE-lithium projects and the Bridgetown lithium projects (under application).

In NSW, the company has the Windfall antimony project.

 

Coolabah Metals (ASX:CBH)

Listing: 22 June

IPO: $6m at $0.20

This explorer has two projects in the Lachlan Fold Belt (NSW) and one in Mount Isa (QLD).

Notably, the Lachlan Fold Belt is a major mining province with a long history of mineral production including gold, copper, lead, zinc, silver and tin.

And the Mount Isa region represents one of the largest accumulations of lead, zinc and silver in the world.

 

OD6 Metals (ASX:OD6)

Listing: 22 June

IPO: $8m at $0.20

The company holds a 100% interest in the Splinter Rock Project and Grass Patch Project which are in the Goldfields-Esperance region of WA.

The projects are considered prospective for clay rare earth elements (REEs), and the aim is delineating and defining economic resources and reserves to develop into a future revenue generating operational mine.

Clay REE deposits are currently economically extracted in China, the dominant world producer.

 

And these are the companies listing June 27-July 1

 

MetalsGrove Mining (ASX:MGA)

Listing: 27 June

IPO: $7m at 0.20

The company has a portfolio of lithium, tin, tantalum, manganese, copper, gold and base metal exploration projects in WA and the NT.

Its assets include the Woodie Woodie North project and the Upper Coondina project in WA.

In NT, it holds the Edwards Creek project, the Box Hole project and the Bruce project.

 

Chalkos Metals (ASX:CKM)

Listing: 30 June

IPO: $8m at $0.20

This copper explorer has tenements in the prospective northwest minerals province of QLD – adjacent to the world class Mt Isa mines.

The company is embarking on an aggressive drill program with target testing underway.

Categories: IPO Watch

share

Related Posts