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is an investment and financial services company specialising in Investment Banking, Corporate Advisory and Share Trading services for Australian corporate and private clients, and overseas corporate clients.

CONTACT INFO
  • Address: Level 11, Plaza Building Australia Square, 95 Pitt Street, Sydney, NSW 2000 Australia
  • Phone: +61 2 9375 0100
  • Email: Contact Us
TechGen Metals Limited

TechGen Metals Limited

ABOUT TECHGEN METALS LTD

TechGen Metals Limited will hold a number of gold and copper exploration licenses/applications in the Yilgarn Craton, Paterson Orogen and Ashburton Basin in Western Australia (upon completion of several acquisition agreements).

The Yilgarn Craton is a well-known Gold and Base Metal province, and TechGen Metals has agreements to acquire two projects; the Ida Valley Project and the El Donna Project. Ida Valley is an exciting grassroots gold discovery and El Donna contains significant, historic gold intersections

The Paterson Orogen in Western Australia hosts well known mines such as the Telfer Gold Mine (ASX.NCM) and Nifty Copper Mine (ASX.MLX). . TechGen has secured agreements to acquire two projects in this region. 

The Ashburton Basin also has a long history of gold, copper, silver, lead and zinc exploration. Orebodies in the Ashburton Basin are known to be of high grade such as the Bali Copper & Silver Mine. TechGen has agreements to acquire three projects in this area which have returned high rock chip grades of copper, silver and gold.

PROJECT HIGHLIGHTS - TARGETING GOLD & COPPER

  • Yilgarn Craton
    • Well known mineral province for gold and copper
    • Two 100% owned projects (at completion)
    • Grassroots gold discovery at Ida Valley
    • Historic high-grade drill intersections at El Donna

     

  • Paterson Orogen
    • Well known mineral province
    • Known Tier 1 mines at Telfer & Nifty
    • Two 100% owned projects (at completion)
    • Active regional explorers - Rio Tinto, Antipa, Newcrest, IGO & FMG

     

  • Ashburton Province
    • Under explored mineral province
    • Three 100% owned projects (at completion)
    • Potential for high grade discoveries
    • Historic copper mines, exceptional rock chip & geochemistry targets
    • Soil and rock chip programs completed at Blue Rock Valley & Station Creek in August

 

PROPOSED TRANSACTION

TechGen is seeking to be listed on the Australian Securities Exchange (ASX) via an initial public offer capital raising (IPO). The IPO capital raising is for a minimum of $5 million and a maximum of $6 million by the issuance of between 25 million to 30 million shares (at 20 cents per share). resulting in an IPO market cap. of just over $10.5million.

Novus has been mandated as Sponsoring Broker and Co Lead Manager to the Company for the purpose of advising and implementing an IPO and admission to the ASX.

Download Prospectus

For further information, please contact Gavan Farley of Novus Capital Limited on mobile +61 420 520 300 or via email gavan.farley@novuscapital.com.au OR Wayne Rossiter of Novus Capital Limited on mobile +61 420 959 304 or via email Wayne.Rossiter@novuscapital.com.au