Bindi Metals Ltd (ASX:BIM)'s Cameron McLean introduces the company on its first day of trade. As a newly-minted ASX lister, Bindi's invested in highly prospective copper-gold projects in a world-class belt in Queensland. Under an initial public offering (IPO), Bindi set out to raise $4.8 million, offering up 24 million securities at $0.20 per share. The explorer will use the funds to advance exploration at its flagship Biolela project, initially focusing on data compilation, geophysical surveys and a drilling program at the Flanagans and Great Blackall prospects.
Bindi hits the boards following $4.8 million IPO