Tiger Tasman Limited (T1G) is set to be listed

Staff Writer

Updated on:

Tiger Tasman Limited (T1G) is set to be listed on the Australian Securities Exchange (ASX) on May 15, 2023. The Perth-based mineral exploration company has a primary focus on identifying, acquiring, and developing battery, critical, and industrial minerals projects throughout Australia.

Tiger Tasman’s exploration activities involve an extensive range of activities such as drilling, sampling, mapping, and geophysical surveys. With a dedicated team of industry professionals and state-of-the-art technologies, the company has successfully identified and secured a portfolio of high-potential projects across various Australian states.

The GICS industry group for the company is yet to be confirmed, but its principal activities are in mining exploration. The issue price of Tiger Tasman’s shares is AUD 0.20, with an issue type of Ordinary Fully Paid Shares. The security code assigned to the company is T1G.

The company plans to raise AUD 8,000,000 through the issuance of new shares. The funds raised will be used to finance exploration activities and further develop its existing projects. The expected offer close date was October 17, 2022, and the lead manager for the IPO is Novus Capital Limited.

Tiger Tasman Limited is not underwritten, which means that the lead manager is responsible for finding subscribers for the shares on behalf of the company. The company’s website is https://www.tigertasman.com/, and its contact number is (08) 9482 0500.

Investors interested in the Tiger Tasman IPO can contact the lead manager or their preferred stockbroker to obtain more information on how to participate in the offer. The upcoming listing presents a unique opportunity for investors to invest in a company with a strong portfolio of mineral exploration projects and a focus on critical minerals that are essential to the rapidly growing battery industry.