Adventus Zinc Corporation
$3,000,000.00
6,000,000.00 Common Shares at $0.50
Initial Public Offering - Closed
Company Description
Adventus Zinc Corporation is a mineral exploration and development company that is dedicated to the exploration and development of the Properties, with a focus on its core assets, the Buchans Project located in Newfoundland and Labrador and the Rathkeale and Lismore Project located in Ireland. The Company was formed on October 24, 2016 by Altius as a strategic initiative to acquire and focus efforts on the Properties. The Company’s subsidiaries acquired the Properties from Altius in late 2016.
| Address: |
66 Kenmount Road, Suite 202 St. John's, Newfoundland/Labrador, A1B 3V7 Canada |
|---|---|
| Phone Number: | 416 230 3440 |
| Fax Number: | 709 576 3441 |
| Website: |
| Industry: | Metals & Mining |
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| Closing Date: | |
| 1st Day of Trading: | |
| Primary Symbol: | ADZN |
| Exchange: | Venture |
Proceeds
The net proceeds will be used to undertake the first phase of the recommended work programs to advance the Buchans Project and the Rathkeale and Lismore Project, for exploration and evaluation of other Properties, for the acquisition of additional zinc projects, for general corporate purposes and for working capital requirements.
| Gross Proceeds: | $3,000,000.00 |
|---|---|
| Underwrting Fees: | $120,000.00 |
| Expense Offering: | $550,000.00 |
| Net Proceeds: | $2,330,000.00 |
| Lead Underwriter: | Haywood Securities Inc. |
|---|---|
| Other Underwriter(s): |
Performance
| 1 day | 1 week | 1 month | 6 months | Inception | |
|---|---|---|---|---|---|
| Recent Performance | 0.00 % | -12.75 % | 15.58 % | 67.92 % | -11.00 % |
| Post IPO Performance | 68.00 % | 68.00 % | 14.00 % |
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