TG Metals Limited is a Perth-based exploration company and to pursue nickel, lithium, gold and other mineral exploration. It is set to list on the Australian Securities Exchange (ASX).
TG Metals Limited was looking to raise $6 million at $0.20 per share in its initial public offering (IPO). The Public Offer opens on 12 Apr 2022 and closes on 9 May 2022. The date for quotation on ASX is 26 May 2022.
Note: The dates shown on this page are indicative only and may change without notice.
IPO Summary
ASX code | TG6 |
Name | TG Metals Limited |
Website | https://www.tgmetals.com.au/ |
Share Registry | Automic Group |
Underwriter | Not underwritten Barclay Wells Ltd (Lead Manager) |
Opening Date for the Public Offer: | 12 April 2022 |
Closing Date for the Public Offer: | 9 May 2022 |
Date for New Shares to commence trading on ASX | 26 May 2022 1:00 PM AEST |
Funds to be raised under the Public Offer (before costs) | $6,000,000 |
Offer price per Share | $0.20 |
Shares on issue at the Prospectus Date | 27,322,914 |
Shares to be issued under the Public Offer | 30,000,000 |
Total Shares | 57,322,914 |
Escrow | 17,021,373 Shares and 12,371,013
Options (a period of 24 months from quotation) |
1,204,166 Shares (a period of 12 months from 2 March 2022) | |
2,114,774 Options (a period of 12 months from 30 March 2022) | |
5,110,000 Performance Rights (a period of 24 months from quotation) |
Source: TG Metals Limited prospectus