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IPO Wrap: The Who’s Who of listings in that weird bit before and after Easter
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- Four explorers are listing on the ASX before Easter
- One explorer has its list date as Easter Monday (expect a change there)
- Plus an agri-tech company is also set to list
From explorers to agri-tech, there are five stocks set to list on the ASX in the next two weeks.
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 next week:
Listing: 12 April
IPO: $10m at $0.20
RLF is focused on the manufacture and sale of technology-based plant nutrition products.
Plant Proton Delivery Technology (PPD Tech) aims to solve some of the world’s biggest agricultural, environmental and human challenges and enables farmers to grow higher yielding, better quality and more nutritious produce, while massively reducing atmospheric carbon.
Listing: 13 April
IPO: $5m at $0.20
The exploration company is focused on nickel-copper-PGE discoveries in Australia.
NYM holds the Narryer project in WA, and the Sturt and Ceduna projects in SA, in what the company says are strategic geological domains that have been under-explored.
Listing: 14 April
IPO: $8.12m at $0.25
The explorer holds tenements in Queensland and Western Australia and lithium rights to certain tenements in the Yalgoo Lithium province.
The portfolio contains lithium, rubidium, nickel, cobalt, copper and gold, which the company says places them in an ideal position as the battery metals industry develops into the future.
Listing: 14 April
IPO: $5m at $0.20
The explorer and developer is targeting gold and base metals discoveries.
In SA, the company has the Yumbarra Project (nickel and mineral sands), along with the Fowler, Coorabie Shear Zone, and Tallacootra projects (nickel/copper and gold)
The Sandford Project in Victoria is prospective for gold and base metals (copper, lead, silver, and zinc), as well as ionic REE clays and heavy mineral sands.
This company is listing in those weird few working days between Easter and Anzac Day:
Sarama Resources (ASX:SRR)
Listing: 18 April (that’s Easter Monday so expect a date change for this one)
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.
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