Congratulations to our client Encounter Resources Limited on the successful demerger and listing on the Australian Securities Exchange (ASX) of Hamelin Gold Limited, raising $10m by way of IPO.
Hamelin Gold Limited will use the funds raised to execute an exploration program at their wholly owned West Tanami Gold Project, located in Western Australia. The West Tanami project covers more than 2,200km2 in an emerging gold province in Western Australia that is underexplored.
Euroz Hartley was appointed as the Lead Manager and Chieftain Securities Pty Ltd appointed as Co-manager to the IPO.
Congratulations to Hamelin Gold Limited on its listing on ASX today.
Robyn Ferguson, Alison Cooper and Lily Robinson advised on the matter.