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MG1 - Mining Green Metals

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Mining Green Metals Limited was incorporated on 29 October 2021 for the purpose of identifying, evaluating and, if warranted, acquiring nickel (Ni), lithium (Li), copper (Cu), platinum group elements (PGEs), rare earth elements (REE) and uranium (U) projects in Australia that the Board considers will add Shareholder value.

The Company has entered into three (3) Option Agreements that grant it an option to acquire interests in the following Projects:

a. Coates Project (100% interest) and Nowthanna Hill Project (100% interest) – option to acquire Projects from Australian Vanadium Limited pursuant to the AVL Option Agreement.​
b. Lake Johnston Project (initial 70% interest, with an option to acquire the remaining 30% interest) – options to acquire interest in Project from Bryah Resources Limited pursuant to the BYH Option Agreement and West Coast Minerals Pty Ltd (a wholly owned subsidiary of Bryah Resources Limited) pursuant to the WCM Option Agreement.​

It is anticipated that MG1 will list on the ASX during May 2023.

 
Listing date10 May 2023 ; 11:00 AM AEST ##
Company contact detailshttps://www.mininggreenmetals.com.au/site/content/
Ph: +61 8 9321 5594
Principal ActivitiesMining
industry groupTBA
Issue PriceAUD 0.20
Issue TypeOrdinary Fully Paid Shares
Security codeMG1
Capital to be Raised$5,000,000
Expected offer close date12 April 2023
UnderwriterNot underwritten. Ventnor Securities
 
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