Download the Prospectus
Pre Money Equity Valuation
$7,660,000
Min Raise
$5,500,000
Max Raise
$5,500,000
Estimated Close
2021-02-22
Issue Type
IPO
Lead Manager
Euroz Hartleys Securities Ltd, CPS Capital Group Pty Ltd
Type of Securities
Shares
Date First Lodged
27/01/2021
Offer Costs $
$587,840
Market Cap Max
$13,160,000
Key Executives
Evan Cranston (NEC), Peter Allen (MD), Wei Li (Finance Director), Ashley Pattison (NED), Simon Lawson (NED)
Company Address
64-68 Hay Street Subiaco WA 6008
Exchange
ASX
Chairman's Letter

Dear Investor
On behalf of the directors of Firebird Metals Limited (Company), it gives me great
pleasure to invite you to become a shareholder of the Company.
The Company holds a 100% interest or has entered into agreements to acquire a
100% interest in the following projects:
(a) the Oakover Project, comprising one granted exploration licence and
two explorations applications containing a JORC 2012 Inferred Resource
and is situated approximately 90km east of Newman in Western
Australia’s East Pilbara Manganese Province (Oakover Project) (see
Section 3.7 of the Independent Geologist’s Report contained in Annexure
A for details of the resource);
(b) the Hill 616 Project comprising one granted exploration licence is located
within the Southeast Pilbara region of Western Australia, approximately
85km south east of Newman within the Peak Hill Mineral Field (Hill 616
Project); and
(c) the Disraeli Project, comprising one pending exploration licence
application and is located approximately 230km NNE of Newman, 110Km
ESE of Nullagine in Western Australia (Disraeli Project).
The Company’s main objectives on completion of the Offers and ASX listing are:
(a) completion of infill and extensional drilling at the Oakover Project,
targeting resource expansion along strike and increased definition of
higher grade domains;
(b) systematic exploration at the Company’s Hill 616 and Disraeli Projects to
deliver a maiden JORC resource;
(c) focus on mineral exploration and other resource opportunities that have
the potential to deliver resource growth for Shareholders;
(d) continue to pursue other acquisitions that have a strategic fit for the
Company;
(e) complete metallurgical beneficiation testing to be conducted in parallel
with assessment of direct shipping ore opportunities in order to increase
overall project scale potentially through capital phasing; and
(f) provide working capital for the Company.
This Prospectus is seeking to raise $5.5 million via the issue of Shares at an issue
price of $0.20 per Share under the Offers. The purpose of the Offers is to provide
funds to implement the Company’s business strategies (explained in Section 5).
The Board has significant expertise and experience in the manganese sector and
will aim to ensure that funds raised through the Offers will be utilised in a costeffective manner to advance the Company’s business.
This Prospectus is issued for the purpose of supporting an application to list the
Company on ASX. This Prospectus contains detailed information about the
Company, its business and the Offers, as well as the risks of investing in the Company, and I encourage you to read it carefully. The Shares offered by this
Prospectus should be considered highly speculative.
I look forward to you joining us as a Shareholder and sharing in what we believe
are exciting and prospective times ahead for the Company. Before you make
your investment decision, I urge you to read this Prospectus in its entirety and seek
professional advice if required.
Yours sincerely
Evan Cranston
Proposed Non-Executive Chairman