Demetallica Limited IPO (DRM) to raise up to $15m.
- Brokers: Argonaut and Euroz Hartley
- Price 25c
- EV : 14.7m
- Market cap: 22.3 million with 12miilion raise / 25.3 m with 15 m raise
- Demetallica is a consequence of the demerger of Minotaur’s. (ASX:MEP) base metals and gold projects following the recent takeover by Andromeda (ASX:ADN)
- Prospectus lodgment date: 11 April
- Copper/Gold/Silver projects with approved JORC resource report
Demetallica IPO
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