I have the pleasure in presenting what the Board believes is an exciting opportunity to invest in Norwest
The Company was formed to allow the spin-off of Australian Mines Limited’s portfolio of prospective gold and
base-metal properties in Western Australia. Upon successful listing on ASX, Norwest’s strategy is to focus on
delineating an economically viable resource capable of transforming the Company from an explorer into a
Norwest’s projects are located among world-class mineral discoveries and boast exciting walk-up drill targets
identified by historic drilling and recent surface geochemistry and geophysical programmes. The Company plans
to increase the exploration activities on its projects using the funds raised from the Offer to, amongst other things,
continue to explore and drill the identified walk-up drill targets, complete further geophysical programmes and
upgrade the current Inferred Mineral Resource estimate at the Marriotts Project. The Company will also assess
strategic opportunities that may have the potential to create additional value for Shareholders. The Gold and
Base-Metal Projects are described in more detail in Section 3 and in the Independent Geologist’s Report.
The Company, by way of this Prospectus, is offering for subscription 33,000,000 Shares at $0.20 each to raise
$6,600,000 (before costs and expenses) (Offer). Pursuant to the Cornerstone Agreements, the solicitors to
the Company have received bank cheques, made payable to the Company for applications for Shares totalling
$4,000,000, leaving $2,600,000 available to the general public, which will be offered in priority to Eligible Australian
If you are an Eligible Australian Mines Shareholder, you are entitled to participate in the Priority Offer and should use
the Priority Application Form to apply for Shares. You may apply for as many Shares as you wish under the Priority
Offer, subject to availability and the allocation policy set out in Section 2.3. If you are not an Eligible Australian Mines
Shareholder, you may apply for Shares using the Public Application Form.
This Prospectus provides detailed information regarding the Offer, the Company’s assets, the Company’s proposed
activities following listing on the ASX and the risk factors associated with investing in the Company.
I recommend that you read this Prospectus in its entirety before making a decision to invest in the Company.
On behalf of the Board, I look forward to welcoming you as a Shareholder.