Black Earth Minerals Ipo

Black earth minerals ipo

Black Earth Minerals: Africa Down Under, September 2019

Lithium Australia will be a substantial shareholder of BlackEarth Minerals.

Lithium Australia NL (ASX:LIT) is creating value from a non-core asset, by selling its graphite assets into the pending IPO of BlackEarth Minerals NL.

BlackEarth has lodged a prospectus to raise a minimum of $4.5 million and a maximum of $6 million.

The prospectus exposure period has been extended to the 22nd November 2017.

Allocation to Lithium Australia shareholders

There have been 5 million $0.20 shares allocated and made available to those Lithium Australia shareholders registered on the 14th November 2017, collectively on a priority application basis.

The offer includes for every two shares, a partly paid share will be allocated, paid to $0.0001, unpaid to $0.2499.

The minimum subscription is 10,000 shares valued at $2000.

View company profile

Add related topics to MyProactive

Lithium Australia NL

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The above has been published by Proactive Investors Limited (the "Company") on its website and is made available subject to the terms and conditions of use of its website (see T&C ).

...

FOR OUR FULL DISCLAIMER CLICK HERE

Black earth minerals ipo