New IPOs - Keypath Education International Inc, Resource Base Limited and Western Mines Group Limited
/Happy Friday IPOWatchers!
We’ve got a several new IPOs across a range of sectors to keep an eye, namely Keypath Education International Inc, Resource Base Limited and Western Mines Group Limited.
First up is U.S based Keypath Education International Inc. Keypath is a leading EdTech company that partners with universities globally, to deliver market-led, technology-enabled online higher education programs. Supported by Keypath’s end-to-end technology and data platform KeypathEDGE, Keypath partners with universities to design, develop, launch and grow online programs which aim to deliver career-relevant education to individuals seeking to up-skill or re-skill.
Keypath’s IPO opened on the 19th of May and will close on the 26th of May. The company is seeking to raise $212.1m AUD at an offer price of $3.71 AUD per share. The shares are expected to list on the 2nd of June.
Keypath is seeking to raise $212.1m AUD at an offer price of $3.71 AUD per share.
Also looking to enter the public space are Resource Base Limited. Resources Base limited agreed to acquire a 100% interest in Navarre Minerals’ Black Range Project (comprising Exploration Licence 4590) located in the well-known and highly prospective Stavely corridor in north-west Victoria.
The Black Range Project (124km2) includes multiple, largely untested, targets over approximately 100 kilometres of Stavely Arc volcanics, including the Eclipse, Lexington, Glenlyle and Pollockdale prospects. Historic work programs, completed by Navarre, have targeted large volcanic-hosted massive sulphide (VHMS), porphyry copper – gold and epithermal deposits within the region and have successfully intercepted mineralized units within defined geological settings.
Resource Base’s IPO opened on the 17th of May and will close on the 14th of June. The company is seeking to raise between $5,000,000 and $5,500,00 at an offer price of $0.20 per share. The shares are expected to list on the 2nd of July.
Resource Base is seeking to raise between $5,000,000 and $5,500,00 at an offer price of $0.20 per share.
Last but not least is Western Mines Group Limited. Western’s goal is to create significant investment returns for their shareholders through exploration and discovery of high-value gold and nickel sulphide deposits across a portfolio of highly-prospective projects located on major mineral belts of Western Australia.
The company’s flagship project and primary focus is Mulga Tank Ni-Cu-PGE Project, a major dunite intrusive found on the under-explored Minigwal Greenstone Belt. Previous work shows significant evidence for a working sulphide mineral system and is considered highly prospective for Ni-Cu-PGE mineralisation.
Western’s other major projects are Melita (Au), midway between Kookynie and Leonora in the heart of the WA Goldfields and Jasper Hill (Au), with numerous prospective gold trends extending from the adjacent Lord Byron and Fish historic gold mines.
Western’s IPO opened on the 17th of May and will close on the 14th of June. The company is seeking to raise between $4,500,000 and $5,500,00 at an offer price of $0.20 per share. The shares are expected to list on the 28th of June.
Western Mines Group is seeking to raise between $4,500,000 and $5,500,00 at an offer price of $0.20 per share.
That’s all for this week IPOWatchers, have a great weekend!