Shaw and Partners is pleased to be appointed as Lead manager to the proposed IPO of QMines Limited.

The company is seeking to raise a minimum of approximately $10.0 million and up to a maximum $20.0 million at $0.30 per share.

QMines intends to list on the ASX under the stock code ASX: QML.

The offer is currently available to sophisticated and professional investor clients only.

For more information about the IPO or to receive a copy of the pathfinder, please contact your Shaw and Partners Adviser.

About QMines

QMines Limited is a Queensland focused copper and gold exploration and development Company. The company owns four advanced copper and gold projects in South East Queensland. The company’s flagship project, Mt Chalmers, is located 17km North East of Rockhampton. The Project was mined sporadically between 1898 and 1982 and produced 1.24Mt @ 3.6g/t Au, 2.0% Cu and 19g/t Ag. Mt Chalmers has an Inferred Resource of 3.9Mt @ 1.15% Cu, 0.81g/t Au and 8.4g/t Ag. The project also has three Exploration Targets that demonstrated significant resource growth potential. QMines’s objective is to grow its resource base, consolidate assets in the region and assess options to commercialise.