CobaltBlue IPO

Just hit ASIC:
https://cobaltblueholdings.com/wp-content/uploads/2016/11/COB-Prospectus-03Nov16-SPREADS.pdf

The Company is focussed on cobalt technology, with a clear strategy of fast-tracking development of the Thackaringa Cobalt Project in New South Wales to achieve commercial production of cobalt. This strategic metal is in strong demand in new generation batteries, particularly lithium-ion batteries now being widely used in clean energy systems.

For an offer of up to 50,000,000 Shares at A$0.20 per Share to raise a maximum of A$10,000,000, with 12,500,000 free attaching Loyalty Options on a 1:4 basis and with a minimum subscription of A$8,000,000 for 40,000,000 Shares (with 10,000,000 free attaching Loyalty Options on a 1:4 basis) (General Offer).

The market capitalisation will be A$19 million based on the Offer price and the Maximum Subscription being achieved. The market capitalisation will be A$17 million based on the Offer price and the Minimum Subscription being achieved.