An emerging copper explorer.

C29 Metals Pty Ltd (ASX:C29) is a mining exploration company focused on copper assets situated within Tier 1 mining regions with significant discoveries.

Investment Highlights

C29 Metals has a Low Enterprise Value relative to peers – strong potential for growth

Copper spot market at 8 year highs – US$4.63 per pound

Post IPO, C29 Metals Ltd will be well funded ~ A$4.7 million cash

Under-explored ground with drill-ready targets

Junior exploration peers in these terranes are showing strong growth from successful exploration and discovery in NSW such as Helix Resources – Collerina South discovery

C29 Board and Management have experience in exploration discoveries and resource development

Key Catalysts

Drilling at Reedy Creek mine prospect targeting polymetallic skarn extensions and over new conductive anomaly.

Reconnaissance drilling at Kala gold prospect (Reedy Creek) over 2km long soil anomaly.

EM Geophysics and Expansion of the soil geochemical surveys are Sampson's Tank, with drilling to follow.

Granting of Torrens North and Mount Samuel tenements in application

Commence detailed geophysical surveys for targeting IOCG drilling hotspots at Torrens Projects.

Soil and mapping assays over Stadler's.

ASX Code: Proposed C29.ASX

Number of shares on issue – 39,291,667

Share price A$0.20

Market Capitalisation – A$7.86 Million

Cash (After costs) - A$4.76 Million

Options – 9.25 Million (unlisted, founders, venders and Executives)

Low enterprise value - $2.9 Million

Capital Structure  – Post IPO

Share Price Information

Recent ASX Announcements

Contact

info@c29metals.com.au
+61 8 6559 1792
Suite 2, 1 Altona Street
West Perth WA 6005

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