CSA Global congratulates Accelerate Resources Limited as it lists on the Australian Stock Exchange on February 14, 2018.
•Successful ASX listing following oversubscribed $5m Initial Public Offer (“IPO”)
•Exploration program has commenced, with ground crews preparing IP survey access at Mt Read Cobalt Project
•Surface sampling and IP survey commenced to better define drill targets
•Drill rig secured with 2,000m campaign to commence in March 2018
Accelerate Resources Limited (“Accelerate” or “the Company”), an Australian focused Cobalt, Copper and Gold exploration company, is pleased to announce its listing on the ASX following a successful IPO that raised $5m before costs. The IPO was led by GTT Ventures and received strong support in the offer which was oversubscribed.
Funds raised will be used for exploration on its 100% own Mt Read Cobalt project and WA Gold projects.
The Company’s initial focus will be on the Mt Read Cobalt project, with the near-term objective being to identify the scale of mineralisation and the ultimate objective being to establish a mineral resource estimate.
Above: (Left ) CSA Global Managing Director, Jeff Elliott,
congratulating Accelerate’s Managing Director, Yaxi Zhan
on their recent listing.