What we know so far
|Expected raise:||$6,000,000 - $7,000,000|
|Expected listing:||29 November 2021|
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Andean Mining shares are now publicly available to purchase on the Australian Securities Exchange (ASX). Here's what we know about the IPO and how you can buy in.
Andean Mining has listed on the ASX, so you can now buy shares over the stock market. To do that, you'll need to be signed up to a broker. Your cheapest option is to sign up to an online broker. Check out the steps below:
Andean Mining lodged its prospectus with the Australian Securities and Investments Commission (ASIC) to list on the ASX under the ticker symbol ADM.
Novus Capital were appointed as lead managers with an expected raise of $6,000,000 - $7,000,000 at $0.20 per share. You can check out some of the key dates and figures in the table below:
|Andean Mining IPO key numbers|
|Total number of shares available under the offer||30,000,000 - 35,000,000|
|Proposed ASX code||ASX: ADM|
|Target market cap||$15,349,631 - $16,349,631|
|Retail offer opens||9 November 2021|
|Retail offer closes||9 December 2021|
|Expected listing on ASX||29 November 2021|
|Expected dispatch of holding statements||16 December 2021|
According to latest information available, retail investors (regular investors) have between 9 November 2021 and 9 December 2021 to participate in the Andean Mining IPO. After the retail offer close date, you'll need to wait until the stock is publicly available on the ASX to buy shares.
We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.
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