Bellavista Resources Limited is a an Australian emerging mineral exploration company. It focused on zinc, copper, silver, PGE and uranium in Western Australia. It is set to list on the Australian Securities Exchange (ASX).
Bellavista Resources Limited has 5 projects – Brumby Project, Vernon Base Metal Project, Vernon Nickel-PGE Project, Kiangi Uranium-PGE Project and Gorge Creek Nickel-PGE Project.
*Brumby Project – It secures an area of 81.4 km² covering the Brumby Creek Base Metal system. It locates large, high-grade basemetal accumulations in favourable geological and structural settings
*Vernon Base Metal Project – It covers the same stratigraphy as the Brumby Project. Rock chip sampling shows elevated zinc (up to 0.98% Zn), silver (up to 23g/t Ag, and copper (up to 0.38% Cu).
*Vernon Nickel-PGE Project – It cover the same area as the Vernon Base Metals Project and locates high-grade sulphide related Nickel-PGE accumulations in mafic/UM intrusions. Geoscience Australia specifically highlighted the potential of the sills which outcrops within the Vernon Project Area and has associated anomalous Ni, Cu, Cr and Pt, Pd geochemistry in GSWA regional soil data.
*Kiangi Uranium-PGE Project – High grade surface rock chip samples returned Uranium values up to 0.12% Uranium. Four of the samples returned over 400ppm uranium. Uranium associated with elevated base metals (Cu, Zn, Ag & PGE).
*Gorge Creek Nickel-PGE Project – It locates high-grade sulphide related Nickel-PGE accumulations in mafic/UM intrusions.
Bellavista Resources Limited raised $6,500,000 at $0.20 per share in its initial public offering (IPO). The Offer opens on 06 Apr 2022 and closes on 19 Apr 2022. The date for quotation on ASX is 25 May 2022.
Note: The dates shown on this page are indicative only and may change without notice.
IPO Summary
| ASX code | BVR |
| Name | Bellavista Resources Limited |
| Website | https://www.bellavistaresources.com/ |
| Share Registry | Computershare Investor Services Pty Limited |
| Underwriter | Not underwritten. Canaccord Genuity (Australia) Limited (Lead Managers). |
| Opening Date for the Offer: | 6 Apr 2022 |
| Closing Date for the Offer: | 19 Apr 2022 |
| Date for New Shares to commence trading on ASX | 25 May 2022 |
| Funds to be raised under the Public Offer (before costs) | $6,500,000 |
| Offer price per Share | $0.20 |
| Shares on issue at the Prospectus Date | 6,250,000 |
| Shares to be issued under the Public Offer | 34,330,639 |
| Total Shares | 66,830,639 |
| Escrow | 27,750,000 Options and 28,858,129 Shares(a period of 24 months from quotation) |
| 1,475,000 Shares(a period of 12 months from the date of issue |
Source: Bellavista Resources Limited prospectus