Download the Prospectus
Pre Money Equity Valuation
$-7,000,000
Min Raise
$5,000,000
Max Raise
$7,000,000
Estimated Close
2021-01-15
Issue Type
IPO
Lead Manager
Canaccord Genuity Ltd
Type of Securities
Shares
Date First Lodged
14/12/2020
Offer Costs $
$635,000
Key Executives
Justin Boylson (NEC), Michael Dunbar (MD), Simon Andrew (NED)
Company Address
Level 11 216 St Georges Terrace Perth WA 6000
Exchange
ASX
Chairman's Letter

Dear Investor
On behalf of the Directors of Mamba Exploration Limited (Company), I am pleased to offer you an
opportunity to invest in Mamba Exploration Ltd.
Mamba has assembled a portfolio of highly prospective mineral exploration assets in the Ashburton,
Kimberley, Darling Range and Great Southern regions of Western Australia. The projects in the
Ashburton and Great Southern are prospective for gold whilst those in the Kimberley and Darling Range
are prospective for base metals such as copper, nickel and manganese.

Mamba’s focus immediately after listing on the ASX will be to explore the Calyerup Creek and Darling
Range Projects. Calyerup Creek contains historical gold workings and several exciting gold targets that
the Company plan to systematically test.

The Darling Range project is prospective for nickel and is located nearby Chalice Gold’s (ASX: CHN)
recent Julimar discovery. The Darling Range Project is located close to Perth and associated
infrastructure.
Both these projects have historical targets on which the Company plans to conduct further testing. The
aim of this exploration is to discover an economic mineral resource with the potential to be developed
by the Company. An economic resource has the potential to generate significant value for shareholders.
Mamba’s Board comprises of Directors that have significant experience across sectors including mineral
exploration, corporate finance, commodities trading and mine development. In addition, members of the
Board have worked in Australia, Asia, Africa and North America.
The Prospectus is seeking to raise a minimum of A$5,000,000 and a maximum of A$7,000,000 (before
associated costs) via the issue of between 25,000,000 Shares to 35,000,000 Shares at an issue price
of A$0.20 per Share. The purpose of the Offer is to provide funds for the Company to undertake
systematic exploration of the Projects, general administration and working capital purposes, assist the
Company to achieve an ASX listing, assist the Company to complete the acquisition of the Tenements,
acquire the tenements it has applied for and identify other acquisition opportunities. The Prospectus
also includes the Lead Manager Offer to ensure the shares to be issued upon exercise of the Lead
Manager Options are freely tradeable.
The Prospectus contains detailed information about the Offer and the current and proposed operations
of the Company, as well as the risks pertaining to an investment in the Company. Potential investors
should carefully consider those risks detailed in Section 5, which include, but are not limited to:
1. the high risk associated with investment in exploration undertakings;
2. that completion under the Tenement Sale Agreements has not yet occurred;
3. a number of the tenements in which the Company is seeking to acquire an interest are, as at
the date of this Prospectus ungranted tenements;
4. title, environmental, native title and heritage risks associated with mining activities; and
5. risks associated with COVID-19.
We look forward to you joining us as a Shareholder and sharing in what we believe will be 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 investment advice if required.
Yours faithfully
Justin Boylson