Chariot Corporation Limited has lodged a prospectus with the Australia Securities and Investments Commission (ASIC) for an initial public offering (IPO) in support of an application to list on the Australian Securities Exchange (ASX).
The IPO involves the offer of 34,444,445 ordinary shares of the company, at an issue price A$0.45 per share. The offer is scheduled to formally open on 31 August 2023 and is targeted to close on 14 September 2023. The shares are expected to trade on the ASX under the ticker “CC9”.
Wilsons Corporate Finance Limited and Jett Capital Advisors LLC are acting as joint lead managers to the IPO. Wilsons is also acting as the book runner, and Steinepreis Paganin is the company’s legal advisor for the IPO.
Chariot holds interests in a diversified portfolio of lithium projects, primarily located in the United States. The company’s principal projects exhibit lithium mineralization at surface, with large-scale potential based on the surface area of the mineral claims comprising the projects.
Chariot’s flagship assets are the Black Mountain Project, prospective for hard rock lithium, located in Wyoming, USA, and the Resurgent Project, prospective for claystone lithium, located in Nevada and Oregon, USA.
To find out more, please visit www.chariotcorporation.com
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