Westar Capital has been appointed Lead Manager for the IPO to raise $4.5 million with oversubscriptions of up to an additional 5,000,000 Shares at the offer price of $0.20 per Share to raise up to an additional $1,000,000 may be accepted. High-Tech Metals Limited (ASX: HTM) is a low EV ($1.8m) advanced exploration company that acquired 100% of the Werner Lake Cobalt Project, located in north-western Ontario, within the Kenora Mining District, approximately 85 km north-northwest of Kenora, Ontario and approximately 170 km east-northeast of Winnipeg, Manitoba. The Project contains one of the few recognised cobalt resources in North America.
