Thomson Geer has advised Copper Search Australia Limited (Cooper Search), a mineral exploration and development company located in South Australia, on its successful and oversubscribed AUD$12M initial public offering (IPO) and debut onto the ASX.
With demand for copper sky rocketing as the global economy bounces back from COVID-19 and global electrification ambitions intensify, Copper Search has its sights set on unearthing copper-gold deposits in the Gawler Craton Region in South Australia.
The funds raised under the IPO will allow Copper Search to conduct extensive exploration on its Gawler Craton projects in Gawler Craton in order to identify and define mineral resources capable of sustaining independent and viable mining operations.
Partner Marc Wilshaw said, “Congratulations to Chris Sutherland, Peter McIntyre, Rance Dorrington and the team at Copper Search on their successful IPO and debut onto the ASX. We wish them every success with their future exploration endeavours and look forward to continuing to work with the Copper Search team post-listing”.
The Thomson Geer team was led by partner Marc Wilshaw, supported by senior associate Jonathan Foo and law graduate Sarah Urquhart.
amicaa and Alto Capital acted as Joint Lead Managers on the IPO.