AJAX Resources has now listed on the AQUIS exchange following a successful £1m subscription, through the issue of 25,000,000 new Ordinary Shares at a price of 4p per share, to be utilised alongside the Company's existing cash resources to conduct the necessary exploration work and publish a JORC compliant Mineral Resource Estimate for the Company's Eureka Project.
In the same week, the natural resources investment company, has announced its portfolio expansion in Argentina with the Minas La Escondida project acquisition, and its intention to buy the the La Norteña Licence Area. Both projects neighbour the company’s existing copper / gold Eureka asset.
In this interview with Ippolito Cattaneo, CEO of Ajax Resources, investors will hear:
- How much ‘skin-in-the-game’ company executives now have in the company and the substantial shareholding of Cattaneo
- What Ajax intends to do with the funds raised at IPO and how long the money will last on current budgets
- How the intended acquisitions will add shareholder value with more deals currently being considered
- When the company’s maiden Mineral Resource Estimate is expected to be completed
- Who is now in place to secure the company’s progression in terms of personnel and logistics
Ippolito Cattaneo was interviewed by Sarah Lowther for focusIR.
