Basin Energy Limited is a Australian exploration company and focused on uranium in Saskatchewan, Canada. It is set to list on the Australian Securities Exchange (ASX).
Basin Energy Limited has 3 projects – Marshall Project, North Millennium Project and Geikie Project.
*Marshall Project – Marshall Project is covered by three claims with a cumulative area of 112 sqkm and is 100% owned by Basin.
*North Millennium Project – North Millennium project is covered by a single claim with an area of almost 59 sqkm.
*Geikie Project – Geikie Project comprises seven mineral claims for a total area of 339 sqkm.
Basin Energy Limited was looking to raise up to $9 million at $0.20 per share in its initial public offering (IPO). The Public Offer opens on 30 Aug 2022 and closes on 9 Sep 2022. The expected date for quotation on ASX is 4 Oct 2022.
Note: The dates shown on this page are indicative only and may change without notice.
| ASX code | BSN |
| Name | Basin Energy Limited |
| Website | http://www.basinenergy.com.au/ |
| Share Registry | Automic Pty Ltd |
| Underwriter | Not underwritten. Discovery Capital Partners Pty Ltd (Lead Manager) |
| Opening Date for the Public Offer: | 30 August 2022 |
| Closing Date for the Public Offer: | 9 September 2022 |
| Expected date for New Shares to commence trading on ASX | 4 October 2022 12.00 PM AEDT |
| Funds to be raised under the Public Offer (before costs) | $9,000,000 |
| Offer price per share | $0.20 |
| Shares on issue at the Prospectus Date | 20,000,003 |
| Shares to be issued under the Public Offer | 45,000,000 |
| Total Shares | 81,229,697 |
| Escrow | 21,199,693 Shares and 13,300,000 options (a period of 24 months from quotation) 10,430,001 Shares (a period of 12 months from the date of issue) |