Macarthur Minerals Ltd V.MMS

RE:RE:ASX IPO

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MACARTHUR MINERALS LIMITED

MACARTHUR MINERALS LIMITED (TSX-V: MMS) Novus Capital Lead Manager and Financial Advisor For Listing its MACARTHUR AUSTRALIA LIMITED Lithium and Iron Ore Projects on the ASX

Pre IPO Offer at 12 Cents and IPO Offer at not less than 20 Cents 

Novus has been appointed as Lead Manager, Potential Underwriter and Financial Advisor to the following Offers to List Macarthur Australia Limited on the ASX (Code Reserved MMM):

1. Immediate (Very Limited) Pre IPO Placement to raise $1Million at 0.12 cents to Sophisticated and Professional Investors; and 
2. Following the Placement, lodgement of the ASX IPO Prospectus to raise $5-10Million at not less than 0.20 March/April 2017; and 
3. IPO on the ASX in the second quarter 2017, (target May).

The Pre IPO offer represents a significant, 40% discount to the IPO Price hence there is limited stock available at this time.

Please see the Pre IPO Presentation, a link to a Video on the Iron Ore assets in the Pilbara. https://www.youtube.com/watch?v=ienbLf7WZiI An update of this Video presentation is planned to also include the West Australian (the largest by land area in the Pilbara) Lithium hard rock projects and the Investor Subscriber Application Form. 

Overview and Background

The Company's assets comprise the following:

 

• One of the largest lithium hard rock acreage packages in Australia, covering an area of 2,138 km2 (501,376 acres) across the Pilbara, Ravensthorpe and the Yalgoo/Edah regions of Western Australia.
• Yalgoo Lithium Project - rock chip sampling assay up to 3.75% Li2O
• "Shovel-ready" iron ore projects in Western Australia's Yilgarn region, remain valuable with the recovery of the global iron ore market:
  • 80Mt hematite
  • 1.4Bt magnetite 
• Previously invested over A$60 million in progressing the Ularring Hematite Project beyond Pre-Feasibility and the Moonshine Magnetite Project to a Preliminary Economic Assessment.

  Planning has been completed to further the Lithium drilling and exploration programs for 2017 and 2018 to prove its resources and advance the commercialisation of its Ularrring Hematite project with a focus on increasing shareholder value.

  Indicative Timetable- Pre IPO Funds Raise

  Timetable (indicative only)	Date
  Offer Acceptance Date (return of Settlement Advice Form)	5pm Tuesday 21 February 2017
  Application Funds and Application forms	Friday 24 February 2017
  Allotment of shares	Tuesday 28 February 2017

  Timetable- IPO

  Timetable (indicative only)	Date
  Lodgment of Prospectus with ASIC	March 2017
  Offer Open and Close	April 2017
  Proposed Listing and expected Quotation of Securities	May 2017

  Please Note: there may be some escrow (a portion) restrictions (Subject to ASX) on the Pre IPO shares.

  If you have any questions please contact the following:

  Contact: Wayne Johnson or Wayne Gooley
  Email: [e-mail] , [e-mail]
  Office: 02 9375 0105
  Mobile: [phone]

  Please register your interest and secure your allocation ASAP. 

  Attachments:

  • • Final NR Tulshyan Mandate
    • MAL Subscription Agreement Australian Subscriber
    •