Australian (ASX) Stock Market Forum

OCN - Oceana Lithium

Joined
27 June 2010
Posts
3,803
Reactions
196
Oceana Lithium Limited is a mineral exploration and development company focused on the discovery and delineation of lithium mineral resources in two mining friendly jurisdictions, the state of Ceará, Brazil, and the Northern Territory, Australia.

The Company has entered into binding agreements to acquire two highly prospective lithium projects, the Solonopole lithium project in Brazil and the Napperby lithium project in Northern Territory.

Both Solonopole and Napperby are considered highly prospective for lithium and associated minerals, given their locations within known pegmatite and lithium provinces in Ceara state, Brazil and the Northern Territory. Both projects have undergone previous mineral exploration including geological mapping and geochemical sampling and, in the case of Solonopole, small scale artisanal mining by previous owners.

It is anticipated that OCN will list on the ASX during May 2022.

 

Dona Ferentes

NEMO SIBI NASCITVR
Joined
11 January 2016
Posts
8,581
Reactions
10,141
Listing date27 May 2022 ; 11:00 AM AEST ##
Company contact details Ph: +61 8 9486 4036
Principal ActivitiesMining exploration
GICS industry groupTBA
Issue PriceAUD 0.20
Issue TypeOrdinary Fully Paid Shares
Security codeOCN
Capital to be Raised$6,000,000
Expected offer close date22 April 2022
UnderwriterNot underwritten. Westar Capital Ltd (Lead Manager).
 
Joined
3 November 2013
Posts
1,133
Reactions
1,789
Interesting trend with a number of companies jumping on the lithium bandwagon. This company's main focus is in Brazil.... Not too sure how valuable the Australian tenements will be
 
Top