Raisebook

IPO: Balanced Risk Through Multi-Commodity Investment
​Raptor Resources
​Raptor Resources
ASX:RPL

Raptor Resources Limited is a multi-commodity mineral resource company, with the chief aim of acquiring and developing a portfolio of exploration properties in resource-rich Western Australia.

Raptor has secured four exploration projects, each containing a diverse range of commodities:

  • Yandicoogina Polymetallic Project, East Pilbara
  • Friendly Creek Lithium Gold Project, Central Pilbara
  • Copper Flats Copper Project, East Kimberley Region
  • Jasper Hills Iron Ore Project, Midwest Region
Raise Amount
$4,000,000
Offer Price
$0.2000
Closes
Feb 12, 2017

Most notably, the Company's Yandicoogina Project contains the advanced volcanic-hosted massive sulphide (VMS) deposit, Lennon’s Find, which carries a resource estimate of 1.85 million tonnes at 5.1% zinc 82g/t silver, 0.26g/t gold, 0.2% copper and 1.4% lead in combined indicated and inferred categories (in accordance with the JORC 2004 Guidelines) (Optiro, 2011).

The Company will primarily be focusing on zinc exploration and development at Yandicoogina, which bodes well with zinc prices increasing over 80% in the last year, and Goldman Sachs & Co. reporting a bearish zinc outlook.

Through its multi-commodity exposure, it is the Company's intention to provide shareholders with a balanced risk portfolio, operating entirely within the highly prospective Western Australia region.

Yandicoogina Project

  • Located in the Yandicoogina Mining Centre (YMC) in East Pilbara - YMC has to date produced 198.8kg from 3,232t with an average grade 61.52 g/t gold
  • Highly prospective for VMS gold and base metals
  • Lennon's Find prospect contains JORC compliant inferred resource estimate of 1.85 million tonnes at 5.1% zinc, 82g/t silver, 0.26g/t gold, and 1.4% lead
  • Over 40 km of continuous strike for gold and base metals mineralisation

Friendly Creek Project

  • Located 33km west of Global Advanced Metals Wodgina Tantalum Operations, 62km west of Pilbara Minerals' Pilgangoora Lithium Project and 100km south of Port Hedland in the Pilbara region of Western Australia
  • Region is highly prospective for tin-tantalum-lithium mineralisation given historic alluvial tin production

Copper Flats Project

  • Comprises two exploration licences and three exploration licence applications covering an area of over 400 km2
  • Highly prospective for large tonnage copper-silver mineralisation

Jasper Hills Project

  • Close to existing infrastructure - located within 20 km from Gindalbie/Karara rail and haul road infrastructure, and 230 km from Geraldton port
  • Region surrounding Jasper Hills is known for its iron ore and gold production
  • Hosts haematite and magnetite mineralisation along a 2.5km strike line
  • Targeting 10mT 57% DSO

Strong Interest In This IPO

  • Diverse portfolio offers potential for multi-commodity play and flexibility
  • 100% owned projects
  • Projects situated nearby to existing infrastructure
  • Strong board and management, with extensive experience managing public companies
  • Continuous news flow schedule
  • Tight capital structure

Capital Structure

Description Min Subscription ($4M) % Full Subscription ($4.5M) %
Seed (50% Escrowed) 8,994,000 17.3% 8,994,000 16.5%
Vendor and Promoter Capital (Escrowed) 23,030,178 44.3% 23,030,178 42.2%
IPO ($4m) 20,000,000 38.4% 22,500,000 41.3%
Total 52,024,178 100 54,524,178 100

Investors should note that the Company is an early stage mineral exploration company, and that any investment made in the Company should be considered highly speculative.

Prospective investors should read the prospectus in full, including the experts’ reports in this prospectus before deciding to invest in shares.

The Company notes that, as an early stage mineral exploration company, it has only made losses to date, and expects to continue making losses for the foreseeable future.

This investment opportunity is an IPO.

The Recipient(s) acknowledge it is their responsibility to make their own independent assessment and investigation of the Company and to obtain independent professional advice regarding this document.

This deal closed on February 12, 2017