The Company is scheduled to list on the 22nd of August, subject...

The Company is scheduled to list on the 22nd of August, subject to ASX confirmation.

Exploration company Mt Isa Metals Limited will proceed with an Australian Securities Exchange (ASX) listing following an oversubscribed Initial Public Offering (IPO).

Mt Isa Metals Managing Director Peter Spiers said the IPO, which was fully underwritten and managed by Bizzell Capital Partners, had attracted subscriptions from institutional and retail investors for well in excess of the $7 million targeted to be raised from the offer.

We are delighted about the response to the IPO, which closed on the 4th August heavily oversubscribed Mr Spiers said.

He said Mt Isa Metals was focused on the discovery and development of world class mineral deposits in Central and North West Queensland.