Hamilton Locke is pleased to have advised VBX Limited (ASX: VBX) on its highly successful $10 million initial public offering and ASX listing.
VBX is a near-term producer of high-quality, low-silica Australian bauxite at its flagship, Wuudagu Project, in Northern Western Australia, where it has completed a pre-feasibility study (PFS). Proceeds of the IPO will fund a drilling campaign aimed at increasing the size and quality of existing resources, alongside the completion of a definitive feasibility study (DFS) which will mark a significant step towards production.
The Hamilton Locke team was led by Partner Shaun Hardcastle and supported by Senior Associate Simon Barcham and Lawyer Lachlan Pethick.
Read the ASX announcement here.
