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BAY - BAYROCK RESOURCES LIMITED


nipper
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Bayrock Resources Limited (BAY) was incorporated for the sole purpose of acquiring the entire issued share capital of Metalore Pty Ltd, a company incorporated in Australia and Nickel Exploration Norrland AB, a company incorporated in Sweden (Holding Companies) which hold the Lainejaur Project and Northern Sweden Nickel Line Project Portfolio, located in Västerbotten County and Norrbotten County in Northern Sweden, respectively.

The Company owns 100% of the entire issued share capital of each of the Holding Companies and, accordingly, is the ultimate owner of a 100% interest in the following projects:

Lainejaur Project (41.2km2)
The Lainejaur Project consists of one Exploration Permit. The Project hosts a historic Nickel mine with a JORC Code Compliant Inferred Mineral Resource Estimate and a number of nearby untested geophysical anomalies within the wider Exploration Permit.

Northern Sweden Nickel Line Project Portfolio (340.7km2)
The Northern Sweden Nickel Line Project Portfolio is comprised of five early stage Exploration Permits that have been subjected to varying levels of historical exploration and are prospective for Nickel, Copper, Cobalt, Platinum group elements and precious metals.
 

Listing date 11 August 2022 ; 11:00 AM AEST ##
Contact details

https://www.bayrockresources.com/site/content/

Principal Activities Mineral exploration
   
Issue Price AUD 0.20
Issue Type Ordinary Fully Paid Shares
Security code BAY
Capital to be Raised $12,000,000
Expected offer close date 29 July 2022
Underwriter Not underwritten. RFC Ambrian Limited (Lead Manager).
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