Tuesday, 30 August, 2016 - 13:33
New gold, lithium play debuts on ASX
Local gold and lithium explorer Berkut Minerals has enjoyed steady gains on its first day of trading on the ASX after completing a $3.5 million initial public offering.
Berkut Minerals Limited was a Perth-based mineral exploration company established with the purpose of acquiring, exploring and developing gold and other mineral deposits. The company has entered into an earn-in and joint venture agreement with Coccinella Pty Ltd (Joint Venture Agreement) pursuant to which the Company may earn a 70% interest in the Cairn Hill Gold Project. In addition, Berkut Minerals owned the Capricorn Lithium Project in the Little Sandy Desert, and the Mt Clement Gold Project in the Ashburton ranges.
Berkut listed on the ASX in August 2016 after a successful IPO. In 2019, the company became Carnaby Resources.
Local gold and lithium explorer Berkut Minerals has enjoyed steady gains on its first day of trading on the ASX after completing a $3.5 million initial public offering.
It was a successful day for participants in the Egan Street Resources initial public offering, with shares in the gold hopeful up 50 per cent on the first day of trading.
Ardiden has advised that current executive director, Bradley Boyle, will also take on the role of chief executive. Piers Lewis has retired from the board as non-executive director, but remains as a shareholder.Neil Inwood has been appointed managing director of Berkut Minerals.
David St Denis has been appointed chief operating officer of Admedus. He succeeds Julian Chick, who has resigned from the company.
Name | Position | Year Started | Year Ended |
---|---|---|---|
Non-Executive Director
|
2016 | 2019 | |
Non-Executive Director, Chair since 2017
|
2016 | 2019 | |
Non-Executive Director
|
2019 | 2019 | |
Company Secretary
|
2017 | 2019 | |
Managing Director
|
2019 | 2019 | |
Non-Executive Director
|
2019 | 2019 | |
General Manager, Geology
|
2016 | 2018 | |
Non-Executive Chair
|
2016 | 2017 | |
Company Secretary
|
2016 | 2017 |
Date | Company | Transaction Type | Total Value | |
---|---|---|---|---|
Berkut Minerals | Placement | $1.60m | >> | |
Berkut Minerals | Placement | $1.50m | >> | |
Berkut Minerals | Placement | $2.00m | >> | |
Berkut Minerals | Initial public offering | $3.50m | >> |
Announced | Bidder | Target | Transaction Type | Total Value | |
---|---|---|---|---|---|
Berkut Minerals | Diatreme Resources, Latitude 66, Carnaby Resources | Asset acquisition | $1.65m | >> | |
Berkut Minerals | Acquisition | $681.25k | >> |