Upcoming floats
The table below provides a list of companies preparing to list (float or IPO) on the Australian Stock Exchange (ASX). Companies remain in this table for five days after their float/listing date. See the Float Scoreboard for a complete history of Australian floats since 1993.
NOTE : All information, particularly dates, are indicative only and are subject to change without notice.
| Company Name | Offer Status | Offer Opening | Offer Closing | Expected Listing Date | Issue Price | Overview |
|---|---|---|---|---|---|---|
| Austral Resources Limited | Open | 25 Feb 2013 | To be advised | To be advised | $0.20 |
Austral is a mineral exploration company with a portfolio of mineral exploration tenements in Madagascar. Austral was incorporated in 2011 and, following the initial seed capital raising in May 2011, Austral acquired 100% of the Beravina Zircon Project. To date, Austral has conducted an exploration and drilling programme and Austral?s objective is to bring the Project into production. |
| Classic Minerals Ltd | Open | 5 Mar 2013 | To be advised | To be advised | $0.20 |
Classic Minerals Limited was incorporated on 1 May 2006 for the purpose of acquiring an interest in the exploration of mineral resource based projects, focusing on gold, nickel, copper, cobalt, manganese, base metals and uranium, and subject to positive exploration results, development of mineral resources based projects. |
| Coke Resources Limited | Open | 8 Jan 2013 | To be advised | To be advised | $0.20 |
Coke Resources was established primarily to acquire, evaluate and develop mineral projects with a focus on Indonesian mineral assets. The Company's Board has extensive experience in all facets of mining, including exploration, mine development, processing and production; complemented by a proven history of successful capital raisings, project finance provision and strong corporate governance. |
| Elsmore Resources Ltd | Open | 3 Apr 2013 | To be advised | To be advised | $0.20 |
Elsmore Resources Ltd is a mining and exploration company operating in the New England Region of New South Wales between Inverell, Glen Innes and Tingha. ERL's assets consist of rights over 6 Exploration Licences, one mining lease (ML 881) and an on site processing plant suitable for Sapphire and Tin processing. The tenements contain and are prospective for alluvial tin and sapphires from both placer and deep lead deposits, and for hard rock tin deposits. |
| Gossan Hill Gold Limited | Open | 5 Mar 2012 | To be advised | To be advised | $0.20 |
Gossan Hill Gold was incorporated to provide a gold-focused entity to fund and develop several gold exploration prospects, including those formerly held by Carbine Tungsten Limited. The Company plans to commence a substantial drilling programme as soon as funds are raised, with the intention of increasing Shareholder value through early discovery and extension of known gold mineralisation. |
| KIN Mining NL | Open | 23 Aug 2012 | To be advised | To be advised | $0.20 |
KIN has a management team skilled in evaluation, procurement, exploration and development of mineral projects. It either has options over or has applied for a total of 70 mineral exploration and mining tenements within the major gold and nickel producing regions of Leonora and Laverton, Western Australia, consisting of six major Projects. |
| Longreach Resources Limited | Open | 25 Mar 2013 | To be advised | To be advised | $0.20 |
Longreach Resources Limited was incorporated to identify and assess commercially attractive resource exploration projects with a view to investment or acquisition to progress to a successful ASX listing. |
| Macquarie Gold Limited | Open | 12 Mar 2013 | To be advised | To be advised | $0.25 |
Macquarie Gold Limited aims to become a gold producing company within the first year of raising funds by immediately starting construction on a gold processing plant and excavating a mine on the Challenger Deposit (which contains a JORC defined gold resource) while concurrently carrying out an extensive exploration program to prove larger gold resources and reserves within the Tenements for longer term development. |
| Perth Resources Limited | Open | 3 Dec 2012 | To be advised | To be advised | $0.20 |
Perth Resources was established to acquire interests in prospective oil and gas acreage in the Perth and Canning Basins of Western Australia. The Company is seeking to implement the strategy of developing as a highly disciplined explorer and ultimately, subject to successful drilling results and the securing of sufficient funding, a producer of oil and natural gas, focused on generating Shareholder returns. |
| Priority One Network Group Limited | Open | 19 Feb 2013 | To be advised | To be advised | $0.30 |
Priority One intends to deliver an End-to-End Loyalty Rewards Program and Payment Solution to cardholders and merchants. The Company's payment portal and associated co-branded debit card product will compete with traditional debit and other card providers with the point of difference being cash credits - instead of "reward points" - which account holders will be eligible to receive when purchases are made with any of Priority One's Affiliated Merchants. |
| Rental Management Investment Trust | Open | 9 Nov 2012 | To be advised | To be advised | $1.00 |
The Rental Management Investment Trust (RMIT) has been established as a "Feeder Investment Trust" to be an ASX listed investment trust investing in the unlisted RMA Fund and other entities that own residential property management businesses with returns, structure and risk profile similar to the RMA Fund. |
| SolGold PLC | Open | 5 Dec 2012 | To be advised | To be advised | $0.25 |
SolGold plc was listed on the AIM Market (AIM) of the London Stock Exchange (as Solomon Gold plc) following a ?5 million raising in February 2006. Since that time SolGold has continued to explore its portfolio of gold and copper interests primarily in the Solomon Islands and Queensland, Australia. Recently, SolGold has negotiated rights to explore the Cascabel gold-copper property in Ecuador. |