On behalf of the Directors of Pantera Minerals Limited (Company), it gives me
great pleasure to invite you to become a shareholder of the Company.
The Company was recently incorporated to acquire its four Western Australian
based iron ore, copper, manganese and polymetallic projects; the Yampi Iron ore
Project, Yampi Copper Project, Weelarrana Manganese Project and the Frederick
Polymetallic Project (Projects).
The Company has signed an acquisition agreement with Beau Resources Pty Ltd
to acquire an 80% interest in the Yampi Iron ore Project, 100% interest in the
Yampi Copper Project, 100% interest in the Weelarrana Manganese Project and
a 100% interest in the Frederick Polymetallic Project. In addition to these
acquisitions, the Company has under application four contiguous tenements to
the Yampi Iron Project covering 620 sq km (Yampi Extension Project). As at the
date of this Prospectus the tenements comprising the Yampi Copper Project, the
Weelarrana Manganese Project, the Frederick Polymetallic, and the
Yampi Extension Project, have not yet been granted. The Company expects these
tenements to be granted after its admission to the ASX.
The proposed work programs will see the Company become very active in
exploring and developing its Projects with work to commence soon after
completion of the Offer.
This Prospectus is seeking to raise a minimum of $7,000,000 via the issue of
35,000,000 Shares at an issue price of $0.20 per Share under the Offer.
The purpose of the Offer is to expand the Company’s shareholder base, facilitate
a listing of the Company on the ASX and provide sufficient funds for the
commencement of dedicated and focused exploration on the Projects. The
Board believe that the Projects provide a robust platform on which the Company can
deliver exploration success, thereby adding value for Shareholders. Further details
about the Company’s business strategies are explained in explained in Section 5.
The Board have significant expertise and experience in the resources industry and
will aim to ensure that funds raised through the Offer 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 Offer, 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.