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Eagle Nickel is one recent IPO set to capitalise on growing demand for the commodity.
The company’s portfolio of projects targets nickel, uranium and molybdenum deposits in Western Australia.
The four nickel projects already contain granted tenements and will be the immediate focus of Eagle’s work. Two of these are located in the Kimberly region and two in the far north-west of the Yilgarn Craton.
The company’s key project, the Hooley Well Project, located in the Yilgarn Craton, has returned drill results of 22 metres at 0.9 per cent nickel from the surface, with a high grade interval of four metres at 1.4 per cent nickel. Adjacent drill holes also showed a broad zone of nickel mineralisation.
The company has raised $9 million through issuing shares at 30 cents each and is expecting to list on March 7.
Southern Cross Goldfields is another IPO with its hand in nickel, but as its name suggests, the company is also focused on gold.
Southern Cross Goldfields was formed from gold and nickel assets spun off by Polaris Metals – these tenements are located along the Southern Cross and Marda-Diemals Greenstone belts in the Yilgarn region of Western Australia.
The company has subsequently acquired additional exploration and mining tenements in the Yilgarn.
Southern Cross Goldfields has secured the rights to all minerals (excluding iron ore) within these tenements, covering around 3,400 square kilometres.
The company has a long pipeline of targets for both gold and nickel and an identified exploration program for 2008 and 2009 with drill-ready targets.
Southern Cross Goldfields is offering 50 million shares at 20 cents each to raise $10 million.
The company has also issued 22 million vendor shares and 15 million vendor options to Polaris Metals, in consideration for the Polaris gold and nickel assets.
The company expects to list on March 20.
It’s not just resource stocks listing this month. Organic soil producer, Soil Sub Technologies is also set to make its market debut.
The company, established in 1997, has developed intellectual property rights enabling it to manufacture and market highly water retentive, organic and nutrient rich soil.
The product is manufactured from the by-products of sugar and palm oil production and can be used to grow any plant without the need for natural soil.
Soil Sub Technologies has established marketing representation in the Middle East and North Africa and has an exclusive licensing agreement in China. Currently it is completing joint venture manufacturing arrangements in South Africa.
Soil Sub Technologies hoped to have raised $5 million by March 5 through issuing shares at $1 each. The company plans to list on March 20.
The company’s portfolio of projects targets nickel, uranium and molybdenum deposits in Western Australia.
The four nickel projects already contain granted tenements and will be the immediate focus of Eagle’s work. Two of these are located in the Kimberly region and two in the far north-west of the Yilgarn Craton.
The company’s key project, the Hooley Well Project, located in the Yilgarn Craton, has returned drill results of 22 metres at 0.9 per cent nickel from the surface, with a high grade interval of four metres at 1.4 per cent nickel. Adjacent drill holes also showed a broad zone of nickel mineralisation.
The company has raised $9 million through issuing shares at 30 cents each and is expecting to list on March 7.
Southern Cross Goldfields is another IPO with its hand in nickel, but as its name suggests, the company is also focused on gold.
Southern Cross Goldfields was formed from gold and nickel assets spun off by Polaris Metals – these tenements are located along the Southern Cross and Marda-Diemals Greenstone belts in the Yilgarn region of Western Australia.
The company has subsequently acquired additional exploration and mining tenements in the Yilgarn.
Southern Cross Goldfields has secured the rights to all minerals (excluding iron ore) within these tenements, covering around 3,400 square kilometres.
The company has a long pipeline of targets for both gold and nickel and an identified exploration program for 2008 and 2009 with drill-ready targets.
Southern Cross Goldfields is offering 50 million shares at 20 cents each to raise $10 million.
The company has also issued 22 million vendor shares and 15 million vendor options to Polaris Metals, in consideration for the Polaris gold and nickel assets.
The company expects to list on March 20.
It’s not just resource stocks listing this month. Organic soil producer, Soil Sub Technologies is also set to make its market debut.
The company, established in 1997, has developed intellectual property rights enabling it to manufacture and market highly water retentive, organic and nutrient rich soil.
The product is manufactured from the by-products of sugar and palm oil production and can be used to grow any plant without the need for natural soil.
Soil Sub Technologies has established marketing representation in the Middle East and North Africa and has an exclusive licensing agreement in China. Currently it is completing joint venture manufacturing arrangements in South Africa.
Soil Sub Technologies hoped to have raised $5 million by March 5 through issuing shares at $1 each. The company plans to list on March 20.
