IPO corner: ASX listings scheduled in next two weeks

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IPO corner: ASX listings scheduled in next two weeks

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 IPO corner: ASX listings scheduled in next two weeks
Image source: © Maxxyustas | Megapixl.com

Highlights

  • There were nearly 200 new listings on the ASX in 2021.

  • The total capital raised during the year crossed AU$12 billion.

  • The year 2022 is also expected to see several IPO listings.

A sharp growth was seen in the number of initial public offering (IPO) listings in 2021. There were nearly 200 new listings on the ASX last year and the total capital raised during the year crossed AU$12 billion. It was more than two times the levels recorded in 2020.

The year 2022 is also expected to see several IPO listings, and a majority of these firms represent the resources sector, as per the latest ASX data. But investors must be aware that these IPO listing dates can change without any prior notice.

On this note, let’s look at a few IPOs which are scheduled for listing in the first two weeks of July:

MetalsGrove Mining Ltd (ASX:MGA)

MetalsGrove Mining has a portfolio of lithium, copper, tin, tantalum, gold, manganese, and base metal exploration projects.

According to the latest data on the ASX, MetalsGrove Mining’s listing date is 6 July 2022, 1 PM (AEST). The company’s public offering raised AU$7 million at an issue price of AU$0.20 per share. Ventnor Securities Pty Ltd was appointed as the lead manager of the IPO.

Iltani Resources Ltd (ASX:ILT)

Iltani Resources is an Australia-based resources firm. The company has a main focus on copper.

Iltani Resources raised a total of AU$5 million at an issue price of AU$0.20 per share. Iltani Resources’ listing date is 11 July 2022.

Canary Capital Ltd was the lead manager of the public offering.

Botala Energy Ltd (ASX:BTE)

Botala Energy is focused on the exploration and development of coal bed methane (CBM).

The company’s IPO raised a total of AU$7 million at an issue price of AU$0.20 per share. Botala Energy’s listing date is 14 July 2022, 11 AM (AEST).

The lead manager of the IPO was GTT Ventures Pty Ltd.

Aeramentum Resources Ltd (ASX:AEN)

Aeramentum Resources is a mineral exploration firm. It is currently focused on the development of the Treasure Project (Cyprus).

Aeramentum Resources’ listing date is 17 July 2022. The company’s public offering raised a total of AU$7 million at an issue price of AU$0.20 per share.

Novus Capital Ltd was the lead manager of the IPO.

Note:

  • ASX codes are proposed only.
  • Listing dates are proposed dates for the first quotation of securities set out in the entity's prospectus or information memorandum and are subject to change without notice.
  • Listing dates are expected dates for the first quotation of securities set by the ASX after the completion of admission procedures. These could change without any notice.

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