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Blackstone Minerals Ltd spinout Codrus Minerals lists on the ASX

Blackstone Minerals Ltd spinout Codrus Minerals lists on the ASX
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Blackstone Minerals Ltd s planned gold spin-off Codrus Minerals Ltd lodges IPO prospectus with ASIC

Blackstone shareholders will be given priority under a 10,000,000 share priority offer for eligible shareholders with a record date of May 6, 2021.

Lodgement of Codrus Minerals Limited IPO Prospectus

Codrus Minerals Limited has lodged its IPO Prospectus with ASIC to raise a minimum of $5,000,000 and a maximum of $8,000,000. Key Highlights: • Codrus Minerals Limited has lodged its IPO Prospectus with ASIC to raise a minimum of $5,000,000 and a maximum of $8,000,000. • PAC Partners Securities Ltd and Westar Capital Limited appointed as Joint Lead Managers. • Priority offer to eligible Blackstone shareholders up to 10,000,000 shares. • Shannan Bamforth, experienced Exploration Geologist appointed as Managing Director. • Highly prospective Gold IPO with the spin-out of the Western Australian gold assets, including the Silver Swan South Project, Red Gate Project and the Middle Creek Project • The Bull Run project in Oregon USA, consisting of 90 claims in Baker County in Eastern Oregon, prospective for gold and has been mined since 1929.

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