Two Tranche private placement to raise up to $1.0 mil with the ability to take up oversubscriptions at a price of $0.022. The offer comes with a free attaching 1 for 2 options (Exercisable at $0.034, Expiring 31st July 2027). The issuance of the options will require shareholder approval at an upcoming EGM to be convened.
Altitude Minerals Limited (ASX:ATT)
ATT
Lead Manager
Contact - Jake Grbavac
0474 484 982
jake@liquidity.com.au
Offer Price
A$0.0220
per share
Offer Size
A$1,000,000
Offer Details
Issue Price (Per Share)
A$0.0220
Discount
31.25%
Offer Size
A$1,000,000
Shares Available
45,454,545
Documents & Downloads
Company Overview
Altitude Minerals Ltd is greenfield explorer and aims to create value for shareholders through large-scale discovery success. Altitude holds a pipeline of targets undergoing validation and drilling testing on an ongoing basis in Australia and North America across various commodities. The Company aims to drill each quarter and generate frequent news flow. The Company has over $100B of discovery success in the technical advisory panel and a highly experienced board.
OPTION AGREEMENT SECURED– BONANZA GRADE AG/AU PROJECT – NEVADA, USA
- Exceptional rock chip grades up to 1,825g/t Ag and 44 g/t Au
- Outcropping low-sulphidation epithermal Ag-Au veins 1,000m in strike
- NEVER DRILLED - recently released by BLM to allow exploration drilling
Outstanding recent rock chip assays include:
-
1,825 g/t Ag with 22.5 g/t Au
-
1,250 g/t Ag with 9.3 g/t Au
-
534 g/t Ag with 43.9 g/t Au
-
600 g/t Ag with 2.0 g/t Au
-
Project location is 10km from Interstate-50 highway, 4WD tracks to significant outcrops, 2 hours from Reno and exploration service providers
-
Year-round access allows for accelerated exploration activities
-
Currently completing Legal Due Diligence before transfer of claims
Current Activity – Drilling Eromanga Basin Heavy Mineral Sands Project – Nilpinna SA
- 4,000m fully funded air-core program for Zircon and Rutile Heavy Minerals Sands
- Neighbours’ discovery success by Petratherm ASX: PTR - Rosewood Project.
Next Drill Project – Byrock Cu-Au Porphyry Macquarie Arc NSW – NOVEMBER 2025
- High Priority Cu-Au Porphyry Drill Targets Identified
- Drill permits granted for testing shallow “pipe-like” geophysical features
- Analogous targets to North Parkes, Cadia Cu-Au porphyry deposits, NSW
Use of Funds
Use of Funds
1.
Acquisition of the Firenze Silver & Gold Project Nevada
2.
Advancement to drill ready Firenze Silver & Gold Project Nevada
3.
Drill testing of the Byrock Cu-Au Porphyry Project in NSW
4.
Completion payment for Rimfire Cowal tenements, NSW
5.
General Working Capital & Business Development
Disclaimer
This site does not constitute an offer, recommendation, or invitation to any person, nor does it purport to provide all of the information an interested party may require in order to investigate the affairs of Altitude Minerals Limited. This site is provided for information only and has not been prepared with the intention that the recipient should rely on it. Liquidity Technology Pty Ltd ("Liquidity") does not make any representation in relation to the contents of this site or give any assurances as to the accuracy or the degree of care or diligence used in preparing this document. The information, data, and advice herein is provided to recipients on the clear understanding that Liquidity nor any of its representatives, directors, officers, employees, agents, or advisers makes any representation or warranty about its accuracy, reliability, completeness, or suitability for any particular purpose and does not accept liability (including, but not limited to, for any expenses, losses, damages, and/or costs (including, but not limited to, indirect or consequential damage)) nor take any responsibility of any kind whatsoever (including, but not limited to, whether in contract, tort, financial or otherwise) for the information, data, or advice contained in or for any omission or for any other information, statement, or representation provided to any recipient (including, but not limited to, as a result of information, data, or advice being inaccurate, unreliable, incomplete, or unsuitable in any way and for any reason whatsoever). Users of this site must conduct their own investigation and analysis regarding any information, statement, or representation contained or provided to any recipient or its associates by Liquidity or any of the Liquidity Personnel. Each recipient waives any right of action, which it has now or in the future against Liquidity or any of the Liquidity Personnel in respect of any errors or omissions on or from this site, however caused. All rights are reserved. If the whole or any part of a provision of this "Notice and Disclaimer" is invalid, illegal, or unenforceable, then such provision will be severed and neither that part or provision or its severance will affect the validity or enforceability of the remaining parts or provisions.
Disclosure of Interest: Liquidity receives commission from dealing in securities and its introducers of business may directly share in this commission. Liquidity and its associates may hold shares in Altitude Minerals Limited.
