IPO for mineral exploration and development company

Narryer Metals is a mineral exploration and development company that is progressing highly prospective nickel-copper-platinum-group-element (Ni-Cu-PGE) sulphide projects in Australia. These metals are critical in the world’s transition to more sustainable sources of energy production and transmission.

Piper Alderman advised Narryer Metals Limited (ASX:NYM) in relation to its Initial Public Offering (IPO) on the ASX, which involves a $5 million capital raising. The deal team assisted Narryer Metals in relation to all aspects of the deal, including pre-IPO acquisition of tenements and corporate restructuring, preparation of the prospectus, royalty agreements, tenement reports, ASX submissions and providing corporate governance advice.

Piper Alderman’s experience in capital markets and capital raisings qualified it as the ideal legal partner to oversee the deal.

Client feedback

Dr Gavin England, Managing Director of Narryer Metals, said:

“At Narryer, we are pleased to welcome our new shareholders into the Company. I thank Lead Manager, Morgan Stanley Australia, for their assistance in the successful capital raising, as well as Grange Consulting and Piper Alderman for their services through the IPO process.”