IPO Wrap: Mark your calendars for a coal gas company, a thermal plasma player and 10 new explorers

  • Cavalier Resources has three near-term gold and nickel projects in WA
  • Synergen Met will apply its thermal plasma technology to destroy harmful PFAS chemicals
  • Firefinch spinout Leo Lithium eyes Goulamina production by 2024

There are 10 explorers preparing to list on the ASX by mid-July – along with a coal bed methane operator and a thermal plasma technology player.

But please note that these registration dates are extremely speculative.

If interested, contact the company directly to get a better idea of ​​when they expect to start trading on the ASX.

Here are the companies listed in the coming days:

Cavalier Resources (ASX:CVR)

Registration: June 10

IPO: $7 million at $0.20

This short-term producer has a portfolio consisting of three projects in proven gold and nickel regions in WA – the Leonora project which holds 101,000 ounces of gold at the Crawford Gold project 25 km east of the St Barbara Gold Mill, the Gambier Lass North Project to the north of the Crawford Gold Project, Hidden Jewel and Ella’s Rock Nickel-Gold Project.

All three projects are located in close proximity to several factories, which potentially offers the company the possibility of near-term production once feasibility studies are completed.

Collectively, the company’s management team has over 60 years of experience in the mining industry with Executive Chairman Ranko Matic and Technical Director Daniel Tuffin on board, both responsible for the successful listing ofPanther Metals (ASX:PNT) at the end of last year.

Kingsland Minerals (ASX:KNG)

Registration: June 10

IPO: $5.5 million at $0.20

This company has four projects across the NT including the Allamber Uranium and Copper Project, the Shoobridge Uranium and Gold Project, the Woolgni Gold Project and the Mt Davis Copper and Gold Project.

Kingsland also owns the Lake Johnston nickel and cobalt project in WA.

Here’s who’s signing up before the end of June:

Synergen Met (ASX:SH2)

Registration: June 14

IPO: $25m at $0.20

The company’s core business is the development and production of its thermal plasma technology to create sustainable solutions to environmental challenges.

Primary applications include modular hydrogen generation and PFAS water treatment and destruction for municipalities and water utilities.

Coolabah Metals (ASX: CBH)

Registration: June 22

IPO: $6 million at $0.20

This explorer has two projects – in the Lachlan Fold Belt (NSW) and one in Mount Isa (QLD).

Notably, the Lachlan Fold Belt is a major mining province with a long history of mineral production, including gold, copper, lead, zinc, silver, and tin.

And the Mount Isa region represents one of the largest accumulations of lead, zinc and silver in the world.

OD6 metals (ASX: OD6)

Registration: June 22

IPO: $8 million at $0.20

The Company owns a 100% interest in the Splinter Rock Project and the Grass Patch Project in the Goldfields-Esperance area of ​​WA.

The projects are considered prospective for clay rare earths (REE) and the objective is to delineate and define economic resources and reserves to be developed into a future revenue-generating operational mine.

REE clay deposits are currently exploited economically in China, the world’s largest producer.

Lion Lithium (ASX:LLL)

Registration: June 23

IPO: $100 million

The Goldfinch (ASX:FFX) spin-off focuses on the Goulamina lithium project in Mali, which is expected to be one of the largest hard-rock lithium mines in the world once it enters production in 2024.

The project is being developed under a 50/50 joint venture with Ganfeng, the world’s largest producer of lithium chemicals by production capacity, providing financing, levy and operational support to reduce development risks.

Goulamina is one of the few execution-stage spodumene projects in the world with an FID approved by the Firefinch and Ganfeng boards and early development underway.

Additionally, the project is substantially funded through production with total funding commitments of up to US$194 million.

MetalsGrove Mining (ASX:MGA)

Registration: June 27

IPO: $7m at 0.20

The company has a portfolio of lithium, tin, tantalum, manganese, copper, gold and base metal exploration projects in Western Australia and the Northwest Territories.

Its assets include the Woodie Woodie North Project and the Upper Coondina Project in WA.

In the Northwest Territories, it owns the Edwards Creek project, the Box Hole project and the Bruce project.

Chalkos Metals (ASX:CKM)

Registration: June 30

IPO: $8 million at $0.20

This copper explorer owns properties in the future North West mining province of QLD – next to the world-class Mt Isa mines.

The company is embarking on an aggressive drilling program with targeted testing underway.

Sarytogan Graphite (ASX:SGA)

Registration: June 30

IPO: $8.5m at $0.20

This explorer has his eyes set on the Sarytogan graphite project in central Kazakhstan, which is unsubstitutable in the battery market, with drilling having started late last month.

Kazakhstan is a mining jurisdiction established midway between the largest battery manufacturers in Europe and China.

In addition, the project already has a mineral resource of 209 Mt at 28.5% total graphitic carbon (TGC) for 60 Mt of contained graphite.

The company says the ASX said it was unable to provide a formal listing decision at this time and requested that the title extension beyond October 2022 be obtained prior to listing.

SGA is working on accelerating the title extension – targeting June 2022.

And here are the companies listed in early July:

Regener8 Resources (ASX: R8R)

Registration: July 6

IPO: $5.5 million

The company proposes to acquire the properties comprising the Kookynie gold project (Niagara) in Western Australia from GTI Resources Limited (ASX:GTR).

“It is exciting for the company to have secured buildings containing historic high-grade workings, identified mineralization and high-priority targets, while being in the company of peers who are actively finding encouraging results,” said the President Robert Boston.

The company plans to initiate inaugural exploration and apply modern techniques to “the historically significant and underexplored building complex,” Boston said.

Iltani Resources (ASX: ILT)

Registration: July 11

IPO: $5 million

The company has three gold and base metal projects in Queensland – the Northern Base Metal Project, the Rookwood Project and the Southern Gold Project.

Iltani intends to build a portfolio of operating mines as well as development and exploration projects focused on the fundamentals of the raw materials the world needs to realize a clean energy future – with a focus on copper .

Botala Energy (ASX:BTE)

Registration: July 14

IPO: $7 million

The company aims to be a diversified energy company producing reliable and dispatchable energy from renewables, backed by coal bed methane (CBM) to meet Botswana’s domestic energy needs – as well as export energy to the neighboring countries and attract industries that want reliable and renewable energy.

Botala’s objectives are to explore, evaluate and develop the Serowe CBM project with a view to supplying commercial quantities of CBM.

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