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Chariot Corporation debuts on the ASX with $9M IPO

Chariot Corporation debuts on the ASX with $9M IPO

Moore Australia

Moore Australia congratulates Chariot Corporation for its successful listing on the Australian Stock Exchange (ASX).
“We are delighted for Chariot Corporation, and for being able to be part of their journey in listing on Friday 27 October 2023”, says Moore Australia (WA) Managing Partner, David Tomasi.

“The initial public offering (IPO) provides the ideal platform to advance their exploration objectives within the United States where they hold extensive rights to land holdings which are highly prospective for lithium,” says David.

Moore Australia Directors Neil Pace, Suan-Lee Tan, Carmin Johnson and Peter Gray, led the corporate finance and audit engagement teams.

“It’s been a pleasure working with Chariot Corporation 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 Chariot Corporation

Chariot Corporation Ltd was formed to target “early” opportunities in the lithium industry globally.

Chariot has specifically targeted lithium exploration opportunities in the United States with lithium mineralisation at surface with large-scale potential based on surface area.

Chariot’s projects are prospective for both hard rock lithium (i.e., spodumene) in Central Wyoming and claystone-hosted lithium in Nevada and Oregon. Recent rock chip assay results at the Black Mountain Project and the Resurgent Project demonstrate the presence of lithium mineralisation at surface. The assay results and initial geological work suggest that these two projects compare favourably with respect to grade and scale with similar early-stage hard rock lithium and claystone lithium projects in the U.S.