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Jacaranda Natural Resources: $8M IPO Open
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Highlights
- The Offer: Public Offer of 40,000,000 Shares at $0.20 per Share to raise $8,000,000 (before costs), with oversubscriptions of up to a further 10,000,000 Shares to raise an additional $2,000,000. Joint Lead Managers: Gaia Capital and Boston Global.
- Key dates (indicative): Offer opens 01 October 2026 and closes 9 October 2026, with ASX trading expected to commence 22 October 2026.
- Attractive IPO entry: admission sought at an enterprise value of approximately $4.6 million, with an implied market capitalisation of $13,111,500 at Minimum Subscription.
- Dual-jurisdiction copper-gold strategy: the 409 km² White Cockatoo Project in Queensland, with >20 shallow high-grade copper and/or gold targets and >5 potential porphyry copper-gold targets, and a >2,500 km² Botswana portfolio spanning the Globe Gold, Motloutse and Nkwe Projects.
- Drill-ready targets: drilling to commence immediately after IPO at the Globe Gold Project (PL121) in Botswana, with >4,000 m proposed, and maiden diamond drilling at the Quartz Ridge Prospect in early 2027.
- High-grade surface results: Quartz Ridge rock chips up to 30.2% Cu, 4.4 g/t Au and 912 g/t Ag; Tea Tree trench resampling of 25 m @ 1.5% Cu and 1.3 g/t Au, including 4 m @ 6.1% Cu and 4 m @ 6.9 g/t Au; Globe rock chips of 26.5 g/t Au and 17.9 g/t Au.
- Funds in the ground: $4,975,000 of Minimum Subscription funds allocated to exploration expenditure across Queensland and Botswana over the first two years.
- Founder-led team with cornerstone support: Board and management track record of 5+ ASX and AIM IPOs, the US$1.85bn Khoemacau trade sale and King of the Hills built to A$1.5bn; cornerstone investors include Ever-Sun Development (Hongkong) Limited ($2.49m) and Purebond Limited ($700k).
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How to Apply
Applications for Shares under the Public Offer must be made using the Application Form, an online version of which is available at apply.automic.com.au/JacarandaNaturalResources. Applications must be for a minimum of 10,000 Shares ($2,000) and thereafter in multiples of 2,500 Shares, with payment made in full at $0.20 per Share via BPAY® or EFT. Payments must be received by 5.00 pm (WST) on the Closing Date.
The Prospectus, dated 30 September 2026, can be downloaded at jacarandaresources.com/prospectus. For more information on the Company and its projects, visit jacarandaresources.com. Questions relating to the Offers can be directed to the Share Registry, Automic, on 1300 288 664 or Gaia Capital on 0400 565 405.
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Why Jacaranda
Multi-asset copper & gold explorer, experienced team, drill-ready targets, IPO at ~A$4.6M EV.
- Dual-jurisdiction copper-gold strategy.
- QLD district scale (Cu-Au) and Botswana district scale (Au + Cu-Ni).
- Immediate Botswana drilling into advanced gold target.
- Attractive IPO entry (A$4.6m EV).
- Leveraged growth to discovery success.
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The Projects
White Cockatoo Project, Queensland: a large contiguous consolidated land package (409 km²) targeting shallow high-grade Cu-Au systems and deeper Cu-Au porphyries. Quartz Ridge is a 1 km Cu-Au-Ag anomaly that has never been drilled, with two untested magnetic targets and rock samples up to 30.2% Cu, 4.4 g/t Au and 912 g/t Ag. Tea Tree is a 2 km Cu-Au-Zn soil anomaly with historical trenching of 25 m @ 2.3% Cu and 0.6% Zn and rock chips up to 23.0% Cu and 29.0% Zn. Spring Creek hosts a 2 km x 2 km circular Cu-Au soil anomaly over a central magnetic high, with an ~850 m intrusive body defined at depth that has never been drilled.
Globe Gold Project, Botswana: located within the Tati Greenstone Belt near multiple historic commercial gold mines (Mupane, Golden Eagle). Sampling confirms high-grade gold at Globe Shaft, with historic RC intercepts of 3 m @ 5.2 g/t Au from 9 m and 3 m @ 1.3 g/t Au from 15 m. A 2,500 m trench program is refining drill targets pre-IPO, ahead of a >4,000 m drill program post-IPO.
Motloutse and Nkwe Projects, Botswana: two district-scale land positions (230 km² and 2,300 km²) in the Limpopo Mobile Belt, targeting copper-nickel sulphides and orogenic gold with no commercial-scale exploration since the 1970s–90s. Priorities are EM geophysics and structural review to define drill targets, then maiden drilling.
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Board and Management
- Arvind Misra, Founder & Executive Chairman: 35+ years' experience globally including Australia and Africa; led 4 x IPOs on the ASX & AIM with >A$100m capital raised.
- Craig Hatch, Chief Executive Officer: 25+ years' experience including Australia and Africa; former GM, Red 5 (King of the Hills) during growth from ~$300m to ~$1.5bn market capitalisation; key contributor to Khoemacau Zone 5 resource development, recently acquired by MMG for USD 1.85bn.
- Graeme Morissey, Executive Director & CFO: 15+ years' global experience including Australia and Africa; former CFO of Warriedar Resources (ASX: WA8) – ~$300m transaction.
- Tim Zuo, Non-Executive Director: 20 years across mining, investment and corporate finance, with cross-border IPO, capital raising and transaction experience.
- Jonathan King, Chief Technical Advisor & Competent Person (JORC): 35+ years in exploration geology and geochemistry; proven discovery track record including Wallbrook and Granny Smith.
- Kago Stimela, Botswana Country Manager: entrepreneur and project leader with 15+ years' experience; Founder and Chairman of Falcon Metal Resources Botswana.
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Important Information
General advice only. This email has been prepared without taking account of your objectives, financial situation or needs. It is general information only and is not financial product advice, nor a recommendation to acquire shares in Jacaranda Natural Resources Limited. Before acting on it, consider whether it is appropriate for you, having regard to your own circumstances, and obtain independent financial and taxation advice.
Read the Prospectus. Any offer of shares in Jacaranda Natural Resources Limited is made only under the Prospectus lodged by Jacaranda Natural Resources Limited (ACN 694 896 234) with ASIC on 30 September 2026. Anyone wishing to apply should complete the Application Form accompanying the Prospectus. This email is a summary only and is not a substitute for the Prospectus, which contains the risks in full.
Exploration risk. Jacaranda Natural Resources Limited is an exploration company. Exploration is speculative and there is no assurance that exploration will result in the definition of a Mineral Resource or an economically viable mining operation. Investors could lose some or all of their investment.
Historical results. Historical exploration figures, drilling intersections, rock-chip samples and soil results referred to above are historical in nature and should not be relied upon as an indication of future exploration success. Investors should refer to the Prospectus for the relevant technical information, source references and Competent Person statements.
Forward-looking statements. Statements about future exploration, drilling programs, timing, targets and performance are forward-looking and involve risks, uncertainties and assumptions which are beyond the company's control. Actual outcomes may differ materially. Past performance is not an indication of future performance.
Interest disclosure. Kamoa Capital Pty Ltd has been engaged to assist with marketing of the Jacaranda Natural Resources Limited IPO and will receive fees in connection with its engagement.
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