Bryah Resources Limited
Capital Raising
Bryah Resources & Argonaut
Acting as Advisor and Lead Manager, Argonaut raised $5 million for Bryah Resources Limited through Iitial Public Offering (‘IPO’) in 2017 to pursue exploration prospects in the Byrah Basin in the Meekatharra regions of Western Australia. Argonaut attracted a high-quality mix of investors to support the IPO and created a well balanced and ‘tight’ register with the top 20 shareholders owning around 70% of Bryah Resources Limited post IPO.
Bryah Resources Limited (ASX:BYH) is a mineral exploration company based in Perth. The Company focuses on high-grade copper-gold and manganese resources from leading projects, Bryah Basin and Gabanintha in the Meekatharra region of Western Australia. They are also involved in the Volcanogenic Massive Sulphide (VMS) copper-gold site at Windalah.