Upcoming listings

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Your guide to forthcoming floats.

Here is a selection of companies that are raising capital and have applied for official admission to ASX, as well as links to information on upcoming and new listings.

Here is a snapshot of entities that had applied for admission to the official list of ASX, as at August 2, 2017. Upcoming Floats has more information, and Recent Floats and Listings provides information on entities that have listed on ASX in the previous two months.

Note: information about upcoming floats can change quickly if companies close their IPO ahead of schedule, or decide to extend their offer. Check the ASX website or talk to your financial adviser for latest information. IPO listing and closing dates are indicative only.

1. Fat Prophets Global Property Fund
A listed investment company that invests in global real estate securities. Capital to be raised: $220 million.

2. Northern Cobalt
Northern Cobalt is developing the Wollogorang Cobalt project in the north-east corner of the Northern Territory as well as other cobalt assets. Capital to be raised: $6 million.

3. Okapi Resources Limited
Okapi Resources is to develop two prospective gold projects, one in the Kimberley goldfields and one in the Kilo-Moto goldfields of the Democratic Republic of Congo. Capital to be raised: $4.5 million.

4. Pyrolyx AG
Pyrolyx has developed a specialised process that transforms waste tyres into high-grade, valuable raw materials, primarily recovered carbon black, as well as pyrolysis oil and steel recovered from its process. Capital to be raised: $35.3 million.'

5. TNT Mines Limited
TNT is developing tin and tungsten projects in Northern Tasmania. Capital to be raised: $5.5 million.

From ASX

The entities listed above have made application for admission to the official list of ASX. Part of this application process includes the allocation of a provisional ASX code and the provision of details about the entity on the linked page above. In some instances, ASX provides a link to a third-party site from which the offer document and application form may also be available for download.

The allocation of a code and the provision of a link to a third-party site does not in any way imply that the entity’s application for admission to the official list will be approved and should not be considered in any way as an indication of the merits of the entity. Use of a link to a third-party site indicates your acceptance of the conditions.

It is advisable to obtain investment advice before making any investment decisions relying on information provided on a third-party site, and the entity’s offer document should be read in its entirety before any decision is made to invest in the entity’s securities.

The views, opinions or recommendations of the author in this article are solely those of the author and do not in any way reflect the views, opinions, recommendations, of ASX Limited ABN 98 008 624 691 and its related bodies corporate ("ASX"). ASX makes no representation or warranty with respect to the accuracy, completeness or currency of the content. The content is for educational purposes only and does not constitute financial advice. Independent advice should be obtained from an Australian financial services licensee before making investment decisions. To the extent permitted by law, ASX excludes all liability for any loss or damage arising in any way including by way of negligence.

© Copyright 2017 ASX Limited ABN 98 008 624 691. All rights reserved 2017.
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