Kaiser Reef Limited is a junior gold explorer focussed on the Stuart Town gold project in New South Wales. The company envisions exploring and developing large-scale gold mineralisation. Kaiser Reef has entered into an agreement to acquire Chase Metals Pty Ltd, contingent on a certain criterion to meet, to acquire all Chase shares. Chase Metals owns the tenement exploration licence (EL 8491) and an exploration licence application (ELA 5854) located in New South Wales property. The Company was incorporated in 2019 and is based out of Perth. Kaiser Reef expects to raise $4.5 Million through initial public offering at an issue price of $0.20 per share closing on February 7, 2020. The ticker for the Company after the successful closing of its IPO is KAU.