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OCT - Octava Minerals

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Octava Minerals Limited (OCT) is an exploration and resource development company. Octava has assembled rights to acquire interests in a portfolio of tenements in prospective mineral exploration properties in Western Australia for the purposes of the exploration for lithium, Platinum Group Metals (PGMs), nickel sulphide and gold.

The Company's tenements are strategically located and have a geological provenance that indicates their exploration prospectivity and their potential for discovery of economic mineralisation.

The portfolio comprises three main Project areas: - East Pilbara: Talga – lithium and gold. - Kimberley: Panton North and Copernicus North – nickel and PGM’s. - Yallalong: Yallalong – PGE’s, gold and nickel sulphides.

The Company’s flagship project is the East Pilbara Talga project, where exploration programs will primarily target lithium.

It is anticipated that OCT will list on the ASX during September 2022.

 
Listing date14 September 2022 #
Company contact detailshttps://octavaminerals.com/
9817 0700
Principal ActivitiesMineral exploration
GICS industry groupTBA
Issue PriceAUD 0.20
Issue TypeOrdinary Fully Paid Shares
Security codeOCT
Capital to be Raised$6,000,000
Expected offer close date31 August 2022
UnderwriterNot underwritten. Bell Potter Securities Limited (Lead Manager).
 
Octava Drilling for high grade Antimony in WA Market cap of 8 million appears very low given current Antimony sentiment and pricing.
 
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