On behalf of the Board, I am pleased to present this Prospectus and to invite you to
become a Shareholder in the Company.
The Company has agreed to acquire 100% of the issued capital in RWG Minerals Pty Ltd
(RWG) (ACN 601 019 112), currently held by GWR Group Limited (ACN 102 622 051)
(Vendor) (Acquisition). A summary of the consideration for and conditions precedent to
the Acquisition are set out in this Prospectus.
RWG has 100% interests in 4 (four) granted exploration licences located in Western
Australia as further described in the Independent Geologist’s Report set out in Annexure A
and Solicitor’s Report on Tenements set out in Annexure B (Tenements). Based on historical
drill results the Company believes that all Tenements are in a favourable geological and
structural environment with potential, given normal exploration risk, for providing positive
The Company is currently exploring other mineral exploration opportunities to expand its
portfolio and is evaluating the acquisition of iron ore, manganese and tin interests in
Malaysia. The Company has entered into an agreement to identify and potentially acquire
prospects identified in Malaysia with Coral Gecko Metals Sdn Bhd, an entity incorporated
and operating under the laws of Malaysia (Coral Gecko), a summary which is set out in
Section 3.4 of this Prospectus (Acquisition of Prospects Agreement).
Under this Prospectus, the Company is seeking to raise $4,150,000 through an offer of up
to 207,500,000 Shares at an issue price of $0.02 per Share (Offer). The Offer comprises:
(a) a priority offer for 50,000,000 Shares at an issue price of $0.02 per Share to Eligible
Shareholders of the Company as at the Record Date to raise $1,000,000 (Priority
(b) an offer to the general public for 157,500,000 Shares at an issue price of $0.02 per
Share to raise $3,150,000 (Public Offer).
Empire Capital Partners Pty Ltd (ABN 16 159 992 328) (AFS Representative Number 1268142,
authorised by Pursuit Capital Pty Ltd AFSL 339211) (Lead Manager or Empire Capital) has
been engaged as lead manager to the Offer.
The proceeds of the Offer will be primarily utilised to enable the Company to undertake
exploration programs on the Tenements, and secondly to seek and investigate new
opportunities in Malaysia pursuant to the Acquisition of Prospects Agreement.
This Prospectus contains detailed information about the Company, the Tenements it owns
and the risks of participating in a speculative investment of this nature. Potential investors
should carefully consider this Prospectus and the risks associated with an investment in the
We look forward to welcoming you as a Shareholder of the Company should you decide
to take up Shares pursuant to the Offer.