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REC - Recharge Metals

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Recharge Metals Limited is an early stage mineral resource exploration and development company focused on exploration of the Projects and successfully completing its applications for Tenements.

Since incorporation on 5 February 2021, the Company has made applications and entered into agreements giving rights to acquire Tenements comprising the following Projects:
  • Brandy Hill South: comprising E59/2181and P59/2182 (acquired, but yet to be registered in the name of the Company) and applications for E50/2560, E59/2587 and E59/2588. This Project is located 58 kilometres south-east of Yalgoo and is prospective for copper and gold;
  • Hyden: comprising E70/5747 to be acquired by Recharge (following admission of Recharge to the official list of the Australian Securities Exchange), E70/5003 which Recharge has an option to acquire and E70/5756 which is held by Recharge (subject to rights granted to the vendor of E70/5003 to require E70/5756 to be transferred to it, if the option over E70/5003 is not exercised). This Project is prospective for nickel, cobalt and copper; and
  • Bohemia: comprising tenement applications for E80/5574, E80/5575 and E80/5576. This Project is located 100 kilometres south-east of Fitzroy Crossing and is prospective for zinc and lead.
Following completion of its IPO, the Company intends to undertake exploration activities on the Projects.

It is anticipated that REC will list on the ASX during September 2021.

 

Dona Ferentes

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Listing date21 September 2021 #
Company contact detailshttps://rechargemetals.com.au/
+61 (08) 9481 0389
Principal ActivitiesMineral Exploration
GICS industry groupTBA
Issue Price$0.20
Issue TypeOrdinary Fully Paid Shares
Security codeREC
Capital to be Raised$5,000,000
Expected offer close date07 September 2021
UnderwriterNot underwritten. PAC Partners Securities Pty Ltd (Lead Manager)
 
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