- SensOre Ltd is expected to appear on the ASX Board of Directors on January 28, 2022.
- SensOre Ltd aims to raise AU $ 10 million through the issuance of 11.8 million shares at AU $ 0.85 per share.
- The company will begin trading on the Australian Stock Exchange on January 28, 2022 under the proposed ticker code S3N.
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Mining technology company AI SensOre Ltd is expected to be on ASX’s board of directors on January 28, 2022. Earlier this month, the company launched its initial public offering (IPO) to raise AU $ 10 million.
The offer is still open and is expected to close at 5:00 p.m. on December 24, 2021 (Australian time). The company will begin trading on the Australian Stock Exchange on January 28, 2022 under the proposed ticker code S3N.
SensOre Ltd aims to raise AU $ 10 million via 11.8 million shares at AU $ 0.85 per share.
The company has named Bell Potter as the leader of the offering.
The key dates of the IPO prospectus include:
- Prospectus date: December 1, 2021
- Firm broker offer and opening date of the priority offer – OPEN – December 9, 2021
- Firm broker offer and priority offer closing date – December 24, 2021
- Settlement Date – January 20, 2022
- Issue and allocation of shares (completion of the offer) – January 21, 2022
- start of ASX trading – January 28, 2022.
SensOre has established a portfolio of wholly owned and joint venture metal battery asset projects at developed and emerging exploration sites in Washington State. The company is focused on the development of several projects located in the Kalgoorlie region, including the Maynards Dam Farming Project, the Balagundi and Central Balagundi Farming Projects and Providence Bore.
How to invest in SensOre shares?
To invest in the offering, you must register with a participating broker or lead partner. This can be confusing for frequent investors, as only a few companies are awarded IPO shares and mostly full-service brokers. In this case, the company has appointed Bell Potter as the leader of the offering.
If you’ve already registered with a broker, see if there are any pre-listed IPOs available to you. The other option is to buy shares of SensOre Ltd after the IPO is completed. To do this, register on a stock trading platform. This is followed by other steps you must take once the company is listed on the ASX:
- Compare different stock trading platforms.
- Open and put funds into your brokerage account.
- Look for SensOre Ltd. Find the stock by company name or ticker symbol.
- Decide whether you want to buy SensOre Ltd shares now or later.
- Decide on the total number of shares you want to buy.
- Check your investment.