Astra Mining aiming high, to tap Asian growth with Frankfurt listing
Astra Mining is an unlmaintenance costs of a stone crusher plantpage2isted public company that is based in Australia and holds a 30% ownership in the intellectual property rights operational and manufacturing control of T-Steel, a process to reduce the production costs for steel whilst improving the strength.
The company is currently engaged in a pre-IPO offering to sophisticated investors through KEA Funds Corporate, proposing the issue of 20 million shares at A$0.50, to raise A$10 million in seed capital, which shares will be escrowed for a period of 12 months from the listing date. Astra aims to list via an IPO on the Frankfurt Stock Exchange from its UK based company known as Astra Resources PLC. Shareholders of Astra Mining passed all resolutions in relation to the listing of the company on the German exchange. The company is to be listed through its UK company, Astra Resources PLC before the...
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