Golden International Mining expects to grant the underwriters an option to purchase a certain amount of common shares and the share price for the offering will be determined in the context of the current market.
Golden International Mining’s Chief Operations Officer, Mr. Manuel Flores Garcia commented on the proposed IPO saying “We are extremely pleased to announce that Golden International Mining are in the process of going public and after preliminary discussions with the Board of Directors, we are finalizing details of our planned initial public offering of our common shares.
“Currently, our executive management is an advanced stage and our initial public offering will be fulfilling all of the listing and financial requirements. Golden International Mining’s preliminary prospectus will contain important information relating to our initial public offering and there will not be any sale or any acceptance of an offer to buy any shares until we get a final green light which has been issued by the relevant securities commissions,” added Manuel Flores Garcia, Chief Operations Officer of Golden International Mining.
About Us - Golden International Mining
Based in Santiago, Chile, our location offers us excellent access to the region surrounding the Andes Mountains - a region with huge potential as new reserves continue to be discovered each year.
Golden International Mining’s strategy is to establish successful partnerships, mitigating risk, leveraging our capital and managing our resources. Our team of analysts are highly skilled in choosing the right time to develop based on market variables, maximizing the return for our shareholders.
Since our foundation we have been developing a portfolio of highly-prospective projects, with two sites already acquired that exhibit the potential to host high-grade, gold¬-bearing vein systems. We are presently carrying out feasibility assessments at a number of additional potential locations across the South American continent.
Golden International operates with transparency and in accordance with established industry practices. We are committed to delivering value to our shareholders, whilst providing economic and social benefits to impacted communities.