Investors eyeing the resource sector have their sights set on Infini Resources as it gears up for its much-anticipated listing on the Australian Securities Exchange (ASX). In a recent update, the company has adjusted its proposed listing date to January 15, 2024, at 1:00 PM AEDT.
Key Details at a Glance
- Listing Date: January 15, 2024, 1:00 PM AEDT
- Company Contact: Infini Resources
- Principal Activities: Exploration and Mining
- Issue Price: AUD 0.20
- Issue Type: Ordinary Fully Paid Shares
- Security Code: I88
- Capital to be Raised: $5,500,000
- Expected Offer Close Date: December 22, 2023
- Lead Manager: Sixty Two Capital Pty Ltd
This update is especially important for investors who have been monitoring the progress of Infini Resources, a company engaged in exploration and mining activities. The adjusted listing date aligns with the company’s strategy, and its capital raising target of $5.5 million indicates robust investor interest.
Lead Manager & Capital Structure
Sixty Two Capital Pty Ltd serves as the Lead Manager for this venture, and the absence of underwriting indicates a certain level of confidence in the market. Infini Resources plans to issue Ordinary Fully Paid Shares at an issue price of AUD 0.20, with the goal of raising $5,500,000.
Offer Close and Underlying Potential
The offer was expected to close on December 22, 2023. As always, investors are encouraged to conduct thorough due diligence and consult financial experts before making investment decisions.
A Closer Look at Infini Resources
With a principal focus on exploration and mining, Infini Resources is positioning itself as a player in the resource sector. The company’s efforts are centered on unlocking the potential of mining projects, and the upcoming listing is a crucial step in its journey.
Contact and Further Information
For those eager to know more or explore investment opportunities, Infini Resources can be contacted directly through their official website or by phone at (08) 9465 1051.
Infini Resources’ entry into the ASX promises to be an exciting event for investors looking to diversify their portfolios with exposure to the resource sector. The adjusted listing date adds to the anticipation, and the company’s strategic approach suggests a well-prepared and potentially rewarding IPO. Investors are advised to stay updated on further announcements and consult with financial professionals for the latest insights into this promising venture.