Wednesday, February 22nd, 2012 - National Stock Exchange of Australia (NSX)
The National Stock Exchange of Australia (NSX) is pleased to announce that Precious Metals Investments Limited (NSX: PMZ) has successfully IPO’d and joins NSX’s growing list of listed companies. Precious Metals Investments is Australia’s only listed company that focuses on investing in a range of pre-IPO projects in the global precious metals industry.

Precious Metals Investments has successfully raised capital and is expected to open with a market capitalisation of AUD$8.5 million at its AUD$1.25 offering share price. The company will invest in gold and silver assets with a target of creating an initial portfolio of up to 10 investments within the first two years.

This follows two other successful capital raisings from NSX listed companies in the past month. International Petroleum (NSX: IOP) raised in excess of AUD$33 million and US Masters Residential Property Fund (NSX: URF) raised AUD$31 million, which follows their successful IPO AUD$69 million capital raising mid last year.

Emlyn Scott, CEO of the National Stock Exchange, said:

“We are very pleased to have Precious Metals Investments join our growing stable of listed companies. Precious Metals represents our first listing of the year and we see a strong pipeline of potential IPOs. Companies are becoming better informed of the different listing options and are really beginning to see the added benefits that NSX offers.”

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National Stock Exchange of Australia (NSX)


The National Stock Exchange of Australia (NSX) is Australia's second largest listing stock exchange. It is an Australian Market Licence holder specialising in listing growth companies. NSX currently has 120 securities listed on its market with a combined market capitalization in excess of $2.0 billion. NSX has 18 participating brokers and 32 nominated adviser firms. NSX also offers an outsourced hosting solution to a number foreign stock exchanges utilising its leading edge technology and market expertise. Further information on the National Stock Exchange of Australia can be found at www.nsxa.com.au

Emlyn Scott, CEO of the National Stock Exchange
P: 02 4921 2450
M: 0432227119
W: www.nsxa.com.au

Keywords

Listing Market National Stock Exchange of Australia NSX Precious Metals Investments Stock Exchange

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