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19 Jan
01:50

Dynamic Metals lists on ASX after oversubscribed IPO

Dynamic Metals, a new Australian lithium, nickel, and gold explorer, has completed its oversubscribed AUD 7 million ($4.84m) initial public offering (IPO), officially listing on the Australian Securities Exchange on Monday, Kallanish notes. The company issued 35m shares at AUD 0.20 per share in its IPO in addition to the 13.99m shares issued to vendors and joint lead managers, including 12.5m shares issued to Jindalee Resources. Dynamic Metals flagship assets in…
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