MML - McLaren Minerals

[System]

Allup Silica Limited is an Australian public company focused on identifying and developing high quality silica sand projects in Western Australia.

The Company has been granted, acquired, or made application for twelve tenement land holdings across several project site locations.

These tenements are located in different project areas within Western Australia, one being the ‘South-West Silica Exploration Projects’ of Unicup, Antwalker and Pipeclay Tree in South-Western WA, the ‘Argyle Silica Exploration Projects’ consisting of Big Cecil, Cabbage Spot and Nearby Post in the north and the ‘Esperance Silica Exploration Project’ of Pink Bark and Dune Buggy in the Southern Goldfields.

It is anticipated that APS will list on the ASX during May 2022.

Allup Silica - Home

allupsilica.com

 

[Dona Ferentes]

Listing date	02 May 2022 ; 11:30AM AEST ##
Contact details	Allup Silica – The Bright Force in Silica allupsilica.com Ph: +61 8 9278 8811
Principal Activities	Australian Mineral and exploration development company
GICS industry group	TBA
Issue Price	AUD 0.20
Issue Type	Ordinary Fully Paid Shares
Security code	APS
Capital to be Raised	$5,000,000
Expected offer close date	TBA
Underwriter	Not underwritten. CPS Capital Group Ptd Ltd (Lead Manager)

 

[Dona Ferentes]

In the three weeks since listing, APS got down to 12c; now a bit of a rebound to 18c but is still below IPO price

 

[Dona Ferentes]

In the three weeks since listing, APS got down to 12c; now a bit of a rebound to 18c but is still below IPO price

and that was about it. Allup but mainly down.

(DNH)

 

[System]

On December 6th, 2024, Allup Silica Limited (APS) changed its name and ASX code to McLaren Minerals Limited (MML).

 

[Dona Ferentes]

Entitlement Offer announced on 24 October 2024, closed on 22 November 2024. The Company received valid applications from eligible shareholders on a pro-rata entitlement basis, to subscribe for a total of 9,428,362 new fully paid ordinary shares under the Entitlement Offer raising approximately $329,992, before costs. New Shares not taken up by eligible shareholders under the Entitlement Offer are capable of being placed by the Company for a period of 3 months at the discretion of the Board.

Proceeds of the Entitlement Offer will be applied towards ongoing pre-feasibility studies, exploration and tenement fees, working capital and offer costs.

from then: Allup Silica is an exploration company focused on the future development of our heavy mineral sands and silica sand tenements located in Western Australia. The Company's plan is to aggressively advance the McLaren Project towards development while continuing to progress our existing silica sand opportunities.