Moore Australia congratulates Litchfield Minerals Limited for its successful listing on the Australian Stock Exchange (ASX).
“We are delighted for Litchfield Minerals and for being able to be part of their journey in listing on Friday 15 March 2024”, says Moore Australia (WA) Managing Partner, David Tomasi.
“The initial public offering (IPO) provides the ideal platform to advance their exploration objectives within the Northern Territory where they hold interests in exploration projects prospective for minerals including copper, tungsten, rare earth elements, uranium and gold across an area of more than 1,100 square kilometres,” says David.
Moore Australia Directors Neil Pace, Carmin Johnson and Peter Gray, led the corporate finance and audit engagement teams.
“It’s been a pleasure working with Litchfield Minerals and being part of the team that has taken the company to a listing on the ASX. We wish them success going forward,” says Neil.
About Litchfield Minerals Limited
The world is undergoing a rapid and unprecedented transition to clean energy technologies, such as solar panels, wind turbines and electric vehicles. Investors globally appreciate that these technologies require large amounts of minerals, such as copper, tungsten and rare earth elements in their manufacture. All respected forecasts predict that demand for these minerals is expected to grow exponentially in the coming years, as countries and companies strive to meet their climate goals and reduce their carbon footprint.
Litchfield Minerals seeks to support this transition as well as to capitalise on these favourable market conditions though establishing itself as an exploration and development company for critical minerals.
Litchfield Minerals holds an exploration licence tenement in the Northern Territory, known as the Mount Doreen Tenement and has applied for a further tenement known as the Lucy Creek. The Mount Doreen asset is classified as an Advanced Exploration Project (as defined by the VALMIN Code) with a significant effort already completed to identify the next stages of its exploration opportunities. Each of these Tenements are, or in the case of Lucy Creek are intended to be, the focus of Litchfield Minerals exploration and development efforts following listing.
Importantly, each of Litchfield Minerals Projects represent exploration and development exposure for investors to minerals including copper, tungsten, rare earth elements, uranium and gold across an area of more than 1,100 square kilometres in the Northern Territory of Australia.