ADC - ACDC Metals

[System]

ACDC Metals Limited is a mineral exploration company incorporated with the aim of undertaking mineral exploration and resource development, focusing on heavy mineral sands projects located in Victoria, Australia, with the ultimate goal of producing heavy mineral sands (HMS) products and rare earth elements (REE).

ACDC has entered into binding acquisition agreements to acquire interests in the Goschen Central Project, the Douglas Project and the Watchem Project (together, the Projects). The Projects are located on the eastern edge of the Murray Basin, Victoria, Australia and are considered highly prospective for HMS, REE and other materials based on past exploration results.

In addition, the Company has entered into a licensing agreement with Canadian public company Medallion Resources Ltd (TSXV:MDL) (Medallion) to utilise its proprietary monazite processing technology, the Medallion Monazite Process (MMP Technology) to extract REE from monazite.

It is anticipated that ADC will list on the ASX during December 2022.

ACDC Metals

About Us ACDC Metals is developing early stage proprietary rare earth element (REE) processing technology and heavy mineral sand (HMS) exploration assets with a vision to create a mine to market critical metals company.

acdcmetals.com.au

 

[Dona Ferentes]

Listing date	19 December 2022 #
Company contact details	https://acdcmetals.com.au/ Ph: +61 3 8548 7880
Principal Activities	Mining
GICS industry group	TBA
Issue Price	$0.20
Issue Type	Ordinary Fully Paid Shares
Security code	ADC
Capital to be Raised	$8,000,000
Expected offer close date	09 December 2022
Underwriter	Not underwritten. PAC Partners Securities Pty Ltd (Lead Manager).

 

[peter2]

Don't confuse this company with the ACDC ETF.

 

[Dona Ferentes]

O

Don't confuse this company with the ACDC ETF.

OR the band

 

[noirua]

ACDC Metals (ASX:ADC) prepares for next round of drilling across its western Victoria projects​

ACDC Metals (ASX:ADC) prepares for next round of drilling across its western Victoria projects

ACDC Metals (ASX:ADC) is gearing up for drilling across its heavy mineral sands and rare earth element projects in western Victoria.

themarketherald.com.au

The company has planned around 13,000 metres of aircore drilling across the Goschen Central, Watchem and Douglas projects.

The aim of the 300-hole drill program is to confirm and infill prior drilling, to enable calculation of JORC compliant resources during the second half of this year.

Live charts: https://uk.advfn.com/p.php?pid=staticchart&s=ASX^ADC&p=0&t=1

https://uk.advfn.com/p.php?pid=staticchart&s=ASX%5EADC&p=3&t=1