Sarytogan Graphite Limited is a Australian based minerals exploration company and focused on Graphite in the Kazakhstan. It is set to list on the Australian Securities Exchange (ASX).
Sarytogan Graphite Limited has 1 project – Sarytogan Graphite Project.
*Sarytogan Graphite Project – It comprises comprising 1 exploration licence (covers 103.92 km2) prospective for graphite. It has a JORC Inferred resource of 209 MT @ 28.5% TGC.
Sarytogan Graphite Limited was looking to raise up to $8,659,533 at $0.20 per share in its initial public offering (IPO). The Public Offer opens on 3 March 2022 and closes on 8 July 2022. The expected date for quotation on ASX is 18 July 2022.
Note: The dates shown on this page are indicative only and may change without notice.
IPO Summary
| ASX code | SGA |
| Name | Sarytogan Graphite Limited |
| Website | https://sarytogangraphite.com.au/ |
| Share Registry | Automic Pty Ltd |
| Underwriter | Not underwritten. RM Corporate Finance Pty Ltd and Inyati Capital Pty Ltd (Joint Lead Managers). |
| Opening Date for the Public Offer: | 3 March 2022 |
| Closing Date for the Public Offer: | 8 July 2022 |
| Expected date for New Shares to commence trading on ASX | 18 July 2022 12:00 pm AEST |
| Funds to be raised under the Public Offer (before costs) | $8,659,533 |
| Offer price per Share | $0.20 |
| Shares on issue at the Prospectus Date | 27,563,356 |
| Shares to be issued under the Public Offer | 42,500,000 |
| Total Shares | 132,490,562 |
| Escrow | 70,783,419 Shares, 13,037,500 Options, 6,000,000 Performance Rights and 14,117,646 Performance Shares (a period of 24 months from quotation) |
| Escrow | 1,137,500 Shares (a period of 12 months from 6 October 2021) |
| Escrow | 1,012,500 Options (a period of 12 months from 6 October 2021) |
| Escrow | 1,750,000 Options (a period of 12 months from 16 May 2022) |
Source: Sarytogan Graphite Limited prospectus, official website.