Norwest Minerals IPO – A copper and gold explorer to list on ASX

 

Norwest Minerals, a copper and gold explorer to list on ASX


For more, watch the interview with Norwest Mineral Limited (ASX:NWM) CEO Charles Schaus and Finance News Network.

 

Norwest Minerals Limited (ASX:NWM) IPO has received applications totalling more than the $6.6 minimum amount required to list, with the offer being held open to broaden the retail shareholder base.

Norwest is a gold and base metals exploration company with projects located among world-class mineral discoveries in Western Australia and boasts exciting walk-up drill targets. The Company is led by CEO, Charles Schaus, who has extensive experience as a manager in the resource industry, and is focused on delineating an economically viable resource capable of transforming the Company from an explorer into a mineral producer.

Click here for a copy of the prospectus and to subscribe. 
Please reference “CPSEE” as the advisor.

***The closing date for the IPO is 15 November 2018, but is likely to close earlier without notice. If you wish to submit an application and subscribe for Shares under the Offer you are encouraged to do so as soon as possible as the Offer may close at any time without notice. ***

 

Shares to start trading end November 
IPO now open, closing mid November

 


Disclaimer:

This post has been prepared by Norwest Minerals Limited ACN 622 979 275 (“Company”) and contains background information about the Company current at the date of this presentation. The email is in summary form and does not purport to be all-inclusive or complete. Recipients should conduct their own investigations and perform their own analysis in order to satisfy themselves as to the accuracy and completeness of the information, statements and opinions contained in this presentation.

This post is for information purposes only and is not a prospectus, disclosure document or other offer document under the Corporations Act 2001 (Cth) (“Corporations Act”) or any other law. Neither this presentation nor the information in it constitutes an offer, invitation, solicitation or recommendation in relation to the purchase or sale of shares. This presentation does not constitute investment advice and has been prepared without taking into account the recipient’s investment objectives, financial circumstances or particular needs and the opinions and recommendations in this presentation are not intended to represent recommendations of particular persons. Recipient should seek professional advice when deciding if an investment is appropriate. Recipients should also read the Company’s prospectus dated 18 September 2018 (“Prospectus”) carefully and in its entirety before making a decision to invest in the Company. In particular, recipients should read and consider the risks outlined in section 5 of the Prospectus. A copy of the Prospectus is available to view online at www.norwestminerals.com.au and at www.automic.com.au/norwestminerals.html. Applications for shares in the Company can only be made via the application form that is attached or accompanying the Prospectus.

To the fullest extent permitted by law, the Company, CPS Capital Group Pty Ltd, Terrain Capital Limited, Eden Exchange Pty Ltd and their officers, employees, agents and advisers do not make any representation or warranty, express or implied, as to the currency, accuracy, reliability or completeness of any information, statement, opinions, estimates, forecasts or other representations contained in this presentation. No responsibility for any error or omissions from this presentation arising out of negligence or otherwise is accepted.

COMPETENT PERSON’S STATEMENTS

Information in this report that relates to Exploration Results is based on information compiled by Charles Schaus who is a member of the Australian Institute of Geoscientists and the Chief Executive Officer of Norwest Minerals. Mr Schaus has sufficient experience that is relevant to the styles of mineralisation and types of deposits under consideration and to the activity, which he is undertaking to qualify as a competent person as defined in the 2012 Edition of the “Australian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves.” Mr Schaus consents to the inclusion in the report of the matters based on the information in the form and context in which it appears.

FORWARD-LOOKING STATEMENTS

This presentation may include forward-looking statements that are subject to risk factors associated with mineral exploration, mining and production businesses. It is believed that the expectations reflected in these statements are reasonable but they may be affected by a variety of variables and changes in underlying assumptions which could cause actual results or trends to differ materially, including but not limited to price fluctuations, actual demand, currency fluctuations, drilling and production results, reserve estimations, loss of market, industry competition, environmental risks, physical risks, legislative, fiscal and regulatory changes, economic and financial market conditions in various countries and regions, political risks, project delay or advancement, approvals and cost estimates. This presentation also contains reference to certain intentions, expectations, future plans, strategy and prospects of the Company. Those intentions, expectations, future plans, strategy and prospects may or may not be achieved. They are based on certain assumptions, which may not be met or on which views may differ and may be affected by known and unknown risks. In particular, there is a risk that the Company will not be able to expand or upgrade its existing JORC resource. Forward-looking statements are only predications and are subject to risk, uncertainties and assumptions that are outside the control of the Company, CPS Capital Group Pty Ltd and Terrain Capital Limited. Given these uncertainties, recipients are cautioned not to place reliance on forward-looking statements. Subject to any continuing obligations under the applicable law and ASX Listing Rules, the Company, CPS Capital Group Pty Ltd and Terrain Capital Limited do not undertake any obligations to update or revise any information or any of the forward-looking statements in this presentation of any changes in events, conditions or circumstances on which any such forward-looking statement is based.