On behalf of the Directors, it gives me great pleasure to invite you to become a new
Shareholder in Nemex Resources Limited or to increase your existing shareholding through
a priority offer to existing Shareholders.
Nemex is a junior exploration company with a conditional right to acquire mineral
exploration projects prospective for gold and base metals located in Western Australia,
including an 80% interest in each of the Leonora South East Project, the Ballard Project and
the Pavarotti Project, and a 100% interest in the Lake Roe North Project (together, the
Under this Prospectus, the Company is seeking to raise up to $5,000,000 through the issue
of 25,000,000 Shares at an issue price of $0.20 per Share. The minimum subscription is
$4,500,000 through the issue of 22,500,000 Shares.
The primary purpose of the Offer is to provide the Company with funds to undertake
systematic exploration programs on each of the Projects, aimed at the discovery of an
economic mineral deposit. Exploration programs have been developed to provide the
Company with the best opportunity to unlock value from the Projects. The Company has
engaged DJ Carmichael to act as lead manager to the Offer and has received firm
commitments for Shares from Cornerstone Investors for a total of $4.5 million.
The Offer also includes a priority offer to existing Shareholders who are Australian residents.
The priority offer gives existing Shareholders a chance to increase their shareholding by
subscribing for Shares under this Prospectus.
Nemex has assembled an experienced management and exploration team which is well
qualified to exploit the potential of the Projects. The Board has significant expertise and
experience in mineral exploration, project development and corporate finance and aims
to ensure the funds raised through the Offer will be utilised in a cost-effective manner to
advance the Projects.
I look forward to you joining us as, or continuing to be, 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 carefully and seek professional
advice if required.
Proposed Non-Executive Chairman