Novus Capital Limited is an investment and financial services company specialising in Investment Banking, Corporate Advisory and Share Trading services for Australian corporate and private clients, and overseas corporate clients.
Aeramentum Resources Limited (ASX: AEN) was formed in 2021 to acquire the Treasure Project, located in the Republic of Cyprus, European Union. The Company owns 100% of six tenements, with 1 tenement application, prospective for nickel, copper, gold, and cobalt across over 35km of string length (VMS style deposits). The project was acquired from Caerus Mineral Resources PLC (LSE: CMRS) for £300,000 and 1.8m shares at the proposed IPO price of $0.20.
The project suite contains up to 1.5km of historical adits with average grades at Laxia where sampled of 3.4% Cu and intervals including 8m at 11.2% Cu, 4m at 16.8% Cu, and at Pevkos 14m at 3.5% Ni and 2m at 5.25% Ni and 2.0% Co.
2013 to 2014 18-hole drill program recorded several high-grade intercepts including 2m @ 3.0% Ni, 3.0g/t Au, 0.15% Co; 2.6m @ 4.2g/t Au, 1.7% Cu; 4.2m @ 1.7% Cu, 1.2g/t Au, 0.15% Co from shallow depths.
Aeramentum Resources Limited is seeking to issue a minimum of 25,000,000 Shares and a maximum of 35,000,000 Shares to be issued at a price of $0.20 per Share to raise a minimum of $5,000,000 and a maximum of $7,000,000 via the Initial Public Offering.
(Lodged with ASIC on 9 May 2020 which is still subject to the Exposure Period)