Australian (ASX) Stock Market Forum

TG1 - TechGen Metals (1 Viewer)

System

Administrator
Joined
Jun 27, 2010
Posts
3,250
Reactions
89
TechGen Metals is an Australian registered exploration Company with a primary focus on exploring and developing its acquired gold and copper projects in Western Australia.

Upon the completion of a number of Acquisition Agreements, the Company will hold a portfolio of twelve exploration licences covering a combined area of 986km², located in three highly prospective geological regions of Western Australia; the Yilgarn Craton, Paterson Orogen and Ashburton Basin. The Yilgarn Craton and Paterson Orogen are both proven world class gold and base metal provinces whilst the Ashburton Basin is considered highly prospective yet under explored and has the potential for major new gold and base metal discoveries.

The spread of Projects across these three geological regions provides the Company with geographical and operational diversification. Upon acquisition of the Projects, TechGen Metals proposes to accelerate exploration of its gold and copper projects and is seeking to fund this work through an initial public offer of a minimum of 25,000,000 Shares and a maximum of 30,000,000 Shares, at an issue price of $0.20 per Share to raise between $5,000,000 and $6,000,000 (before costs).

It is anticipated that TG1 will list on the ASX during April 2021.

 

Dona Ferentes

Baron Samedi
Joined
Jan 11, 2016
Posts
3,785
Reactions
3,893
Listing date7 April 2021 11:00 AM ##
Company contact details Ph: +61 8 6557 6606
Principal ActivitiesMineral exploration with a primary focus on exploring and developing acquired gold and copper projects in Western Australia.
GICS industry groupTBA
Issue Price$0.20
Issue TypeOrdinary Fully Paid Shares
Security codeTG1
Capital to be Raised$6,000,000
Expected offer close date25 March 2021
UnderwriterNot underwritten. Novus Capital Limited and Vert Capital Pty Ltd (Joint Lead Manager)
 

Dona Ferentes

Baron Samedi
Joined
Jan 11, 2016
Posts
3,785
Reactions
3,893
TG1 ... Thank God One kept its premium on Day One

1617777842894.png
 

Users who are viewing this thread

Top