Shaw and Partners appointed as Lead Manager to the proposed IPO of MacArthur Minerals News16 Oct 2019

Shaw and Partners is pleased to be appointed as Lead Manager to the proposed IPO of MacArthur Minerals Limited.

 

MacArthur Minerals (TSX:MMS) is a TSX Venture Exchange listed iron ore development stage company seeking to dual list on the ASX under the stock code ASX: MIO.

 

The company is seeking to raise up to $7.5m at $0.25 per security.

 

MacArthur Minerals is focused on bringing its 100% owned Lake Giles project into production, located in the Yilgarn region of Western Australia. Lake Giles comprises a 1.3Bt Magnetite resource and the 80Mt Hematite resource. The company has secured a binding Life-of-Mine Off-take Agreement with Glencore International and is focused on commercialising its iron ore projects following its listing on the ASX with the completion of a bankable feasibility study in the near-term.

 

The offer is open to Australian, New Zealand, Hong Kong and Singapore resident clients only.  Sophisticated and Professional Investors only.

 

For more information or to obtain a copy of the Prospectus please contact your Shaw and Partners Adviser.

 

About MacArthur Minerals

Macarthur is an iron ore development, gold and lithium exploration company that is focused on bringing to production its 100% owned Western Australia iron ore projects. The Lake Giles Iron Project includes the 80 million tonne Ularring hematite resource (approved for development) and the 710 million tonne Moonshine magnetite resource. The Company has secured a binding Life-of-Mine Off-Take Agreement with Glencore International A.G. and is focused on commercializing its iron ore projects utilizing mining, processing and logistics infrastructure in the region and is progressing towards completing a bankable feasibility study. The Company also has established multiple project areas in the Pilbara, Western Australia for conglomerate gold, hard rock greenstone gold, hard rock lithium and nickel.  Macarthur Minerals also has significant lithium brine placer claims in the Railroad Valley, Nevada, USA.

 

Related Articles
News09 Jun 2025 Celebrating 10 Years of Shaw and Partners in Adelaide
Ten years ago, on Thursday 11 June 2015, Shaw and Partners Financial Services proudly opened the doors to a modest office in Adelaide with a clear ambition—to build a strong presen... Read More
News04 Jun 2025 Shaw and Partners strengthens surf sports partnership with shake up of 2025 Shaw and Partners Coolangatta Gold
After celebrating its 40th anniversary last summer, the Shaw and Partners Coolangatta Gold is set for a major shakeup in 2025.   Coolangatta Beach will once again host the Shaw a... Read More
News14 May 2025 THINK YOU KNOW GOLD? Shaw and Partners Gold Price Prediction Competition
THINK YOU KNOW GOLD? Here's your chance to win a Shaw and Partners hamper!  The Shaw and Partners Gold Price Prediction Competition is closing soon. Launched in the June Quarter ... Read More
News13 May 2025 Shaw and Partners continues to attract some of Australia’s most respected investment advisers.
Shaw and Partners Queensland State Manager Glen Gannon has welcomed Dwight Phillips, Tim Harbort and Craig Clark to the Brisbane office, a high-performing team with more than 50 ye... Read More
A - Z  % Change  
{{data.Symbol}} {{data.CompanyName}} {{data.Close}} {{data.AsAt | date :'shortTime'}} {{data.Movement | number : 2}} {{data.MovementPercent | number: 2}}%