A New Mongolian Focused Iron Ore Company
November 11 (Mogi) Haranga Resources Limited has lodged its Prospectus with the Australian Securities and Investment Commission (ASIC) on Monday, for an IPO and listing on the Australian Securities Exchange (ASX).
According to the Prospectus, Haranga is offering 125 million shares at an issue price of 20c each to raise A$25M. 125 million shares constitute almost 67% of the total shares upon completion of the offer.
CPS Securities is Joint Lead Manager and Broker to the offer. Azure Capital is also a Joint Lead Manager to the new float.
Indicative Timetable:
According to the Prospectus, Haranga is offering 125 million shares at an issue price of 20c each to raise A$25M. 125 million shares constitute almost 67% of the total shares upon completion of the offer.
CPS Securities is Joint Lead Manager and Broker to the offer. Azure Capital is also a Joint Lead Manager to the new float.
Indicative Timetable:
| Lodgement of Prospectus with the ASIC | 9 November 2010 |
| Opening Date | 17 November 2010 |
| Closing Date | 5.00pm WST on 3 December 2010 |
| Despatch of Holding Statements | 6 December 2010 |
| Expected date for listing on ASX | 10 December 2010 |
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