https://www.engineeringnews.co.za

Stellar starts share trading

18th March 2022

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

     

Font size: - +

PERTH (miningweekly.com) – Junior Stellar Metals started share trading on the ASX on Friday, following an initial public offering (IPO) in which it raised A$7-million.

The company is actively targeting battery minerals in its portfolio of five prospective copper and zinc projects in South Australia.

The project portfolio includes ex BHP and Rio Tinto assets Evelyn Dam and the Torrens project, which are both prospective for large-scale iron oxide/copper/gold targets, the Linda zinc project, the Gunson project, which is adjacent to a series of opencut copper mines, and the Baratta project, which is prospective for copper as well as zinc/lead mineralisation.

“We are thrilled to be listing on the ASX and thank all our investors, new and existing, who have supported us to date and see the value of our projects,” said Stellar CEO Colin Skidmore.

“This is a major step in the journey of the company,” he added.

Funds raised from the IPO will be used on detailed exploration work in the second quarter of this year.

“We are excited about executing our upcoming exploration plans, shaped by our board and management team’s considerable knowledge, experience and exploration success in South Australia. We expect to hit the ground running and look forward to uncovering the potential of our portfolio of battery metals projects,” said Skidmore.

Edited by Creamer Media Reporter

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

Willard
Willard

Rooted in the hearts of South Africans, combining technology and a quest for perfection to bring you a battery of peerless standing. Willard...

VISIT SHOWROOM 
The Steel Tube Export Association of South Africa
Steel Tube Export Association of South Africa

The Steel Tube Export Association of South Africa was established to develop sustainable, internationally competitive carbon steel tube and pipe...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







301

sq:0.093 0.997s - 140pq - 2rq
Subscribe Now