Commitments in excess of $7m min offer size. OnMarket has a limited allocation
ChemX Materials Limited (ASX: CMX) is a materials technology company developing new and innovative solutions to produce materials required for the global energy transition and de-carbonisation markets. The Company’s initial focus is in-house developed technology to process and supply High Purity Alumina (“HPA”). HPA is a critical material for the Lithium-Ion Battery and LED & Semiconductor markets. ChemX is planning to construct a pilot plant within 12-18 months.
The Company also holds two exploration licences in the Eyre Peninsula, South Australia which are prospective for kaolin / halloysite and manganese, key materials for the decarbonisation of industrial processes, Hydrogen storage, CO2 Capture and battery precursor material.
Belararox Limited (ASX: BRX) is an Australian mineral explorer focused on securing and developing resources to meet the surge in demand from the technology, battery and renewable energy markets.
The Company directly owns 100% of the Belara metals project in NSW that comprises a granted exploration licence and two exploration licence applications, and the Bullabulling gold and nickel project located Western Australia that comprises a package of 26 granted prospecting licences located close to the Bullabulling Gold Mine.
The Belara Project is a highly prospective near-term base metal opportunity. Previous drilling has shown mineralisation with excellent continuity, containing significant intersections of zinc, copper, silver, lead and gold and is located close to well-developed infrastructure.
Dragonfly Biosciences Limited’s (ASX: DRF) develops cannabidiol (CBD) health and wellness products derived from the cannabis plant, owning and operating the entire production chain from ‘seed to shelf’. EU licensed strains are grown on its own organically certified fields in the EU, with CBD extraction undertaken at the Company’s ‘state of the art’ large scale extraction facility.
Dragonfly has a 3-year track record of selling its CBD products through blue chip retailers in the United Kingdom (UK), such as Boots, Tesco, Sainsbury’s, Amazon and Harrods, and is now targeting international expansion to Australia, Asia Pacific and the USA. The company is forecasting revenues of $6.9 million for FY2021.
Offer closed early due to strong demand. Please ensure applications are funded by 5pm, Thursday 2 December to avoid missing out.
AVADA Group Ltd (ASX: AVD) is a provider of traffic management control services including planning and permit, traffic control, equipment hire, event management and incident response. The purpose of the IPO is to fund the acquisition of five complimentary businesses that will provide AVADA an established and extensive network, strategically located throughout QLD and NSW.
With forecast pro-forma revenues of $146.6 million for FY22, AVADA is well placed to capitalise on national infrastructure tailwinds on the back of COVID-19 plus ongoing civil infrastructure and maintenance requirements.
Offer closed early via OnMarket. All payments to be submitted by 5:00pm AEDT Thursday 2 December 2021
DMC Mining Ltd (ASX: DMM) was established for the purpose of assembling a portfolio of highly prospective Nickel sulphide exploration projects in Western Australia. 96% of Australia’s Nickel production comes from Western Australia.
The Ravensthorpe Nickel Project is a nickel and gold exploration project adjacent to the First Quantum Minerals (FQM) open-pit nickel mine and the RAV8 sulphide nickel mine, located in the Esperance region of Western Australia, approximately 500km southeast of Perth. The Fraser Range Projects are a consolidation of 10 granted Tenements with a combined area of approximately 873km2, - being one of the largest strategic landholdings of held by any junior explorer in the Fraser Range.
Offer closed early via OnMarket.
SHAPE Australia Corporation Ltd (ASX: SHA) was established over thirty years ago and has grown to become one of Australia’s leading fit-out and refurbishment companies, with a national presence across commercial and government, hospitality, healthcare, education, defence and retail sectors.
As at 30 September 2021, SHAPE had a secured forward order book of $247m and a total identified future project pipeline of ~$1.9bn.
OnMarket Bidding Closed
8 AU Limited (ASX: 8AU) IPO has been withdrawn. All applications will be refunded to nominated refund accounts.
The Black Mountain Energy Ltd IPO has successfully closed. Allotment of shares is expected to occur on 6 December and the planned ASX listing date is Monday, 13 December 2021 at 12:30pm (AEDT).
The American West Metals Ltd IPO has successfully closed. Allotment of shares is expected to occur shortly and the planned ASX listing date is Tuesday, 7 December 2021 at 12:30pm (AEDT).
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*Based on both open and closed positions of the 171 listed offers as at 1 November 2021.
Performance figures are calculated using a simple average method.