| Name: |
Augustus Minerals Limited |
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| Business Description: |
Multi-mineral exploration |
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| Capital Structure: |
Current shares on issue |
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86.1m |
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IPO Price |
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$0.20 |
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IPO Proceeds |
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$10m |
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IPO Shares |
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50m |
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Total Shares on issue (post IPO) |
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136.1m |
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Post raise Market Cap (at issue price) |
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$27.3m |
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Post raise EV |
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$17.3m |
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Options (exercise price 30c & 40c) |
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16.77m |
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| Proposed Used of Funds |
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Total |
% |
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Copper Ridge/Minnie Springs [Cu-Au] drilling |
$3.15m |
31.5% |
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Crawford Bore [Lithium/REE] drilling |
$2.45m |
24.5% |
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Lyons Central [REE] drilling |
$0.38m |
3.8% |
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Mount Phillips [Lithium] drilling |
$0.23m |
2.3% |
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Sampling - Geophysical/Gravity Survey/Soil |
$1.00m |
10.0% |
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Working capital & expense of the Offer |
$2.79m |
27.9% |
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Total |
$10.0m |
100% |
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Board & Management |
55.7m |
41% |
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Other shareholders |
30.4m |
22% |
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IPO shareholders |
50m |
37% |
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Total |
136.1m |
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Escrowed Shares |
-43% |
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