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Dundas Minerals debuts on the ASX with $6M IPO

Dundas Minerals debuts on the ASX with $6M IPO

Moore Australia

Moore Australia congratulates client Dundas Minerals, for its successful listing on the Australian Stock Exchange (ASX) today.

“We are delighted for Dundas Minerals, and for being able to be part of their journey in listing today”, says Moore Australia (WA) Managing Partner, David Tomasi.

“The initial public offering (IPO) provides the ideal platform to advance their exploration strategies in the highly prospective area of Western Australia’s southern Albany-Fraser Orogen, an area rich in nickel, copper and gold assets,” says David.

Moore Australia Partners Neil Pace, and Shaun Williams led the client service team which provided audit related services, including an Independent Accountants Report for the prospectus, which preceded the ASX listing.

“It’s been a pleasure working with Shane Volk from Dundas Minerals and being part of the team that has taken the company to a listing on the ASX. We wish them success going forward,” says Neil.
About Dundas Minerals
Incorporated in April 2020, Western Australia’s mining exploration company, Dundas Minerals, secured sole ownership of 11 contiguous exploration licences covering 1,106km2 of the Albany-Fraser Orogen, a region rich in minerals potential.

The Dundas licences area (Dundas Project) is located approximately 120km southwest of the Nova nickel mine; the licences have not been subject to modern exploration. Previous exploration was predominantly prior to 2012 (the year of the Nova discovery) and comprised soil and calcrete sampling plus shallow drilling to a maximum depth of 64m.