4 December 2014

Jacana Minerals IPO is now open

OpenMarkets is now participating in the Jacana Minerals (ASX:JAC) IPO?via ASX Bookbuild. ?Available to all investors.

  • JAC is a spinoff from Syrah Resources (ASX:SYR), completed in October 2014
  • Tanzania-focused mineral sands & graphite explorer with diverse portfolio of exploration opportunities
  • Experienced, successful Board and management team, including Tom Eadie (Chairman) – founding Chairman of Syrah Resources
  • IPO funds to be used for drilling commencing in January 2015

OFFER DETAILS

OFFER SIZE:?$4m up to a maximum of $10m
ISSUE PRICE:?$0.20 per one (1) share
MINIMUM MARKET ALLOCATION:?Minimum $1m available for on-market bidders*
TECHNICAL LEAD MANAGER:?Bell Potter
STAMPING FEE:?2.0%?for successful allocations
OFFER OPEN:?10:00am AEST, 4 December 2014
OFFER CLOSE:?3:00pm AEST, 18 December 2014**
MINIMUM ALLOCATION (PARCEL SIZE):?$2,000

*Subject to the Priority Offer demand not exceeding $9m.?
** The company reserves the right to amend the time and date of Offer Close

HOW TO PARTICIPATE

  1. Open an?OpenMarkets Account?(if you don’t already have one)
  2. Read the?Supplementary & Replacement Prospectus
  3. Read, sign and return a once-off?OpenMarkets ASX Bookbuild Client Agreement
  4. Call our Dealing Desk on 03 8199 7704 to place bids with ASX ticker JACXBB.

To learn more about placing bids read the On-Markets BookBuild?Bidding Guide. ?Or contact OpenMarkets on 1300 769 433 or via email?for more information.

Learn more about ASX BookBuilds?here