Advance Metals, Sky Metals launch $6M IPO for new gold company
Advance Metals and Sky Metals announced a plan on Tuesday to create a new exploration entity to consolidate their Australian gold projects. The new company, 'NewCo', aims to raise $6 million through an IPO, targeting an ASX listing in early 2027, with a projected market value of $16 million. This merger allows both companies to refocus on their primary assets.
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Published 13 Nov 2026, 01:32 UTC · Updated 13 Nov 2026, 01:40 UTC
Summary by OZbrief Editorial. Original report: SMH. Editorial policy · Corrections
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