Killi Resources IPO – How to invest in the mining company?

Highlights

  • Killi Resources expects to start trading on the ASX on 20 January 2022.
  • The company is looking to raise AU$6 million at an issue price of AU$0.20 per share. 
  • Canaccord Genuity Limited is managing the offer, which will close on 17 December. 

The Australian mining exploration firm – Killi Resources (ASX:KLI) is about to list its self on ASX under the ticker name – KLI. KLI is looking to raise AU$6 million for an offer of up to 30 million shares at an issue price of AU$0.20 per share.

The proposed offer, which Canaccord Genuity Limited is managing, will close on 17 December. KLI expects to start trading on the ASX on 20 January 2022.

The company's IPO prospectus also includes a secondary offer of 3.5 million options to the lead manager and Grange Consulting (or its nominees).

Started in January 2021, Killi Resources is an Australian mining exploration company – primarily focused on gold and copper exploration in Queensland and Western Australia. Once listed on the ASX, the company expects to hit a market cap of nearly AU$12.72 million.

RLEATED READ – How to invest in My Rewards IPO?

Hos to buy Killi Resources’ shares?

Investors who wish to apply for Killi Resources shares will be required to complete an application form given by the broker, lead manager or the company, providing all the necessary financial and personal details. Or they can wait for the company to get listed.

Once the Company is listed on the ASX, investors can buy the shares by signing up to a broker with access to the ASX, completing an application form, and funding their account. Investors can search for Killi Resources shares by company or ticker name – KLI and buy the shares. 

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