Exciting news for investors seeking opportunities in the resource sector! Iltani Resources, an Australian company specializing in exploring, acquiring, developing, and operating resource projects, is set to make its debut on the Australian Securities Exchange (ASX) on June 20, 2023. This listing presents a promising chance for investors to participate in the growth and development of resource projects in Australia.
Iltani Resources’ principal activities focus on identifying and acquiring resource projects with significant potential. With a strong commitment to exploration and development, Iltani Resources aims to capitalize on Australia’s abundant natural resources and contribute to the country’s resource industry.
As the GICS industry group classification for Iltani Resources is yet to be determined, investors can anticipate further details about the company’s specific focus and projects in due course.
The issue price for Iltani Resources’ ordinary fully paid shares has been set at AUD 0.20, with the security code assigned as ILT. Through this initial public offering (IPO), Iltani Resources intends to raise $5,000,000 in capital. The expected offer close date is June 2, 2023, allowing potential investors ample time to evaluate this opportunity.
The joint lead managers for Iltani Resources’ IPO are Canary Capital Pty Ltd and Sanlam Private Wealth Pty Ltd, esteemed firms with a wealth of experience in facilitating successful listings and supporting growth-oriented companies.
To learn more about Iltani Resources and its upcoming listing, interested individuals can visit the company’s website at https://iltaniresources.com.au/ or contact Iltani Resources directly at 03 8630 3321.
As the listing date approaches, it is important for investors to stay informed and updated on any further announcements related to Iltani Resources’ IPO. IPO Society will continue to provide the latest updates on this and other upcoming ASX listings, ensuring investors have access to the most current information.
Please note that the details provided are based on the available information, and it is advised to refer to the official offering documents and consult with financial advisors before making any investment decisions in the resource sector.