Mining IPO Advisory

ASX is the world's leading exchange for junior mining and exploration companies. TSX-V is second, particularly strong for North American and Latin American miners. AIM suits international companies seeking European institutional exposure.

For mining companies, the asset test is most common: $4M net tangible assets or a $15M market cap at listing. A JORC-compliant resource estimate is not strictly required but is effectively essential for investor credibility.

A small cap mining IPO typically costs 5–8% of funds raised in broker and underwriting fees, plus $500K–$1.5M in legal, accounting, geological report, and advisory costs.

A pre-IPO placement is a private capital raise completed 3–18 months before listing, at a discount to the expected IPO price (typically 20–35%). It funds preparation costs and secures cornerstone investors.

An RTO involves a private mining company acquiring a listed shell — effectively going public without a full IPO. RTOs are faster (3–6 months) and cheaper, but typically raise less capital. Best when speed to listing is paramount.

Investors expect at least one director with demonstrable experience discovering, developing, or operating a mine of similar scale. A board with no mining track record will face significant investor scepticism regardless of project quality.

A JORC report is an Australian and international standard for reporting mineral resources. It requires sign-off by a Competent Person and provides investors with a standardised, auditable estimate of a project's resource.

Yes — this is the most common mining IPO structure on ASX and TSX-V. Pre-revenue explorers list on the asset test, raising capital to fund exploration drilling.

Yes. OAKRG arranges pre-IPO placements for mining companies 3–18 months before their planned listing, introducing them to resource-focused family offices, high-net-worth investors, and institutional funds.