Download the Prospectus
Pre Money Equity Valuation
$40,000,000
Min Raise
$20,000,000
Max Raise
$20,000,000
Estimated Close
2020-08-28
Issue Type
IPO
Lead Manager
Sequoia Corporate Finance Pty Ltd
Type of Securities
Shares
Date First Lodged
29/07/2020
Offer Costs $
$2,128,000
Market Cap Max
$60,000,000
Key Executives
Jerry Ellis (NEC), Campbell Olsen (NED), Alistair Waddell (NED), Graham Brown (NED)
Company Address
Level 12, 644 Chapel Street, South Yarra VIC 3141
Exchange
ASX
Chairman's Letter

Dear Investors
On behalf of the Directors of North Stawell Minerals (NSM or the Company), I invite you to become a Shareholder of the
Company.
NSM was established for the primary purpose of acquiring, exploring and developing gold exploration tenure immediately
north of the Stawell Gold Mine (SGM) in Victoria, Australia. The Company’s objective is to create wealth for its Shareholders
through commercial exploration success. We believe that our key to success will be to select highly prospective tenure and
to recruit and support a first class exploration team.
The Company is exploring prospective tenements located along-strike of and to the immediate north of the Stawell Gold
Mine which has produced in excess of five million Ounces of gold. NSM’s granted tenure has a total land area of 261.9
km2
, with a further 291km2
under application. Stawell is acknowledged to be a corner point of Victoria’s ‘Golden Triangle’,
responsible for over 66 million ounces of combined historical gold production.
NSM believes there is potential for the discovery of large gold mineralised systems under cover, using Stawell Gold Mine’s
Magdala orebody as an exploration model to test 51km of northerly strike extension of the Stawell Mineralised Corridor.
Historic exploration to the north has identified a number of prospects with potential to host significant gold mineralisation and
the Wildwood Tenement contains an Inferred JORC compliant Mineral Resource Estimate of 55,000 ounces.
The Company has inherited a significant geological database consisting of Magdala mine geology and regional datasets. We
believe this data provides a huge competitive advantage to our technical team, who will continue compiling and extending
this knowledge base with updated geophysics and geochemistry to improve exploration targeting resolution. As a result of
expert review and reinterpretation of existing data by NSM’s team of technical consultants and the upcoming acquisition of
new geophysical and geochemical data, the Company believes the Tenements have substantial potential for the discovery of
commercially viable gold mineralisation.
This Prospectus is seeking to raise $20,000,000 through the issue of Shares at an issue price of $0.50 per Share under the
Offer. The purpose of the Offer is to provide funds to implement the Company’s business strategies, as detailed in Sections
3 and 4 of this Prospectus.
This Prospectus contains detailed information about the Company, its business and the Offer. It explains risks of investing in
the Company and I encourage you to read it carefully and seek the appropriate professional advice if required before making
an investment decision. 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
North Stawell Minerals.
Jerry Ellis AO
Chairman
North Stawell Minerals Ltd