$12 million Demerger, Initial Public Offer and ASX Listing

Argonaut acted as Joint Lead Manager to the Solstice Minerals IPO.

Solstice Minerals (SLS:ASX) has assembled an extensive ground package in the Eastern Goldfields of Western Australia (+2,600km2), using a consolidated belt scale approach. The Company has exploration programs ready to go with an initial focus on the advanced Hobbes Gold Prospect and the Ringlock Dam nickel sulphide prospect.

Solstice was well supported at IPO and has $17m cash before costs.

Argonaut is pleased to assist in bringing this investment opportunity to market and looks forward to the Company’s ongoing success.