Bindi Metals Limited is a Australia based minerals exploration company and focused on Copper, Gold and Silver in the QLD. It is set to list on the Australian Securities Exchange (ASX).
Bindi Metals Limited has 1 project – Biloela Project.
*Biloela Project – It comprises one granted Exploration Permit for Minerals which covers a total area of 20 sub-blocks for an area of approximately 62 km2. The last tectonic event is probably spatially and temporally associated with the subsequent alkaline-fractionated magmatism and shoshonitic affinity as a source of Gold (Au) – Copper (Cu) – Zinc (Zn) metallogeny.
Bindi Metals Limited was looking to raise up to $4.8 million at $0.20 per share in its initial public offering (IPO). The Public Offer opens on 13 Apr 2022 and closes on 10 Jun 2022. The date for quotation on ASX is 28 June 2022.
Note: The dates shown on this page are indicative only and may change without notice.
IPO Summary
| ASX code | BIM |
| Name | Bindi Metals Limited |
| Website | https://www.bindimetals.com.au/ |
| Share Registry | Computershare Investor Services Pty Limited |
| Underwriter | Not underwritten. Taurus Capital Group Pty Ltd (Lead Manager). |
| Opening Date for the Public Offer: | 13 Apr 2022 |
| Closing Date for the Public Offer: | 10 Jun 2022 |
| Expected date for New Shares to commence trading on ASX | 28 June 2022 12:00 PM AEST |
| Funds to be raised under the Public Offer (before costs) | $4,800,000 |
| Offer price per Share | $0.20 |
| Shares on issue at the Prospectus Date | 7,350,001 |
| Shares to be issued under the Public Offer | 24,000,000 |
| Total Shares | 31,350,001 |
| Escrow | 3,322,500 Shares (a period of 24 months from quotation) |
| 1,550,000 Shares (a period of 12 months from date of issue of the securities) | |
| 10,500,000 Options (a period of 24 months from quotation) |
Source: Bindi Metals Limited prospectus, official website.