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

Aeramentum Resources Limited


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. 



  • 100% owned, high grade VMS project in Republic of Cyprus, EU.
  • Cobalt rich deposits, cobalt up 60% since asset acquired mid-2021.
  • Geologically similar to Ural Mountains (Russian Ni-Co-Au) and Bou Azzer (Moroccan Ni-Co-Au). 
  • Mineralisation defined from surface to over 200m depth (open) at Laxia Prospect.
  • Grades up to 3.0% cobalt, 19% copper, 11% nickel and 15g/t gold reported from past adit sampling and drilling.
  • Enterprise value post IPO of A$6.7M offers leverage to discovery & resource delineation.
  • Few new primary nickel and cobalt sulphide mines being developed in Europe, with growing interest and demand due to geopolitics and EV market.
  • Three walk-up drill targets, with drill-ready access and numerous ore-grade intersections to be followed up, AEN offers an exciting opportunity to participate in what we hope will be one of 2022's major discovery stories.

More information:

Contact Andrew Walsh, Senior Client Adviser – Novus Capital Limited andrew.walsh@novuscapital.com.au or +61 411 798 790


Click Here to Download the Prospectus 

(Lodged with ASIC on 9 May 2020 which is still subject to the Exposure Period)

Click Here to Download the Investment Fact Sheet.

Click Here to Download the Application Form