October 07, 2020

Live IPO - Native Minerals Resources (ASX:NMR) IPO

October 07, 2020/ IPO Watch

NMR has exciting, drill-ready targets in QLD and Western Australia. The Queensland tenement of Leane will be targeting first with a 2,000 to 2,500 drill program targeting oxide and sulphide mineralization. Previous drilling has encountered 33m at 0.49% Cu from 21-34m depth. This will provide short term news-flow post the IPO and shallow copper intercepts may cause immediate re-rating.

The key dates are:

1. Offer open – Wednesday 7th October

2. Offer closes – Friday 23rd October – 12pm (Please note- the book is expected to close early)

3. Listing Date – Thursday 5th November 2020

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Live IPO - Native Minerals Resources (ASX:NMR) IPO

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