DiscoverIPO

Almasar Minerals Limited

expected
Aug 31, 2026
status
Listed
proposed ticker
AMK
Industry
Exploration and mining
Headquarters
Australia
Exchange
ASX
Price range
A$0.20 (~$0.13 USD)
Offer size
A$27M (~$18M USD)
Underwriters
Not underwritten. Oracle Capital Group Pty Ltd, 708 Capital Pty Ltd (Joint Lead Managers).

Overview

— AI-researched from public sources, see note below

Almasar Minerals Limited is an Australian-based exploration company focused on discovering gold and copper deposits in Saudi Arabia. Founded in 2024, the company is headquartered in Al Malqa, Riyadh, and holds 100% ownership of its projects, with a total exploration portfolio comprising five granted licenses covering 420 km² in the Nabitah–Ad Duwayhi and Nuqrah–As Safra metallogenic belts. Almasar employs advanced exploration methods, leveraging proprietary and government datasets to enhance its exploration efficiency. The company is scheduled to go public on the Australian Securities Exchange (ASX) on August 14, 2026, under the ticker symbol AMK, aiming to raise up to A$12 million at A$0.20 per share for its exploration initiatives. Almasar's leadership includes Dr. Brock Salier as CEO and Managing Director, along with a team featuring Barry Bourne, a geophysicist with over 30 years of experience. The firm is supported by prominent mining funds and family offices.

AI-researched from public web sources — may contain errors or omissions and is not a substitute for verifying independently.

IPO details

Almasar Minerals Limited's offering is currently expected on ASX. The expected date is Aug 31, 2026. Shares are expected to be offered at A$0.20 (~$0.13 USD), for a total offer size of A$27M (~$18M USD). The proposed ticker is AMK. Underwriters on the deal include Not underwritten. Oracle Capital Group Pty Ltd, 708 Capital Pty Ltd (Joint Lead Managers).. Almasar Minerals Limited is headquartered in Australia. It is classified under Exploration and mining.

Estimated post-listing dates

The dates below are calculated from widely-used industry conventions, not from this offering's own disclosed terms — DiscoverIPO does not have a structured source for the actual figures. Treat them as reference points, not confirmed dates.

  • Lock-up expiry (estimated): Feb 27, 2027, based on a customary 180-day lock-up period. The actual length is set in the underwriting agreement — typically 90 to 180 days — and this offering's real terms may differ.

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Frequently asked questions

When is Almasar Minerals Limited expected to go public?

Almasar Minerals Limited is expected to list on Aug 31, 2026.

What exchange will Almasar Minerals Limited list on?

Almasar Minerals Limited is listing on ASX.

How much is Almasar Minerals Limited raising in its IPO?

Almasar Minerals Limited's offering is expected to raise A$27M (~$18M USD).

What is Almasar Minerals Limited's ticker symbol?

Almasar Minerals Limited's proposed ticker is AMK.

What does Almasar Minerals Limited do?

Almasar Minerals Limited is an Australian-based exploration company focused on discovering gold and copper deposits in Saudi Arabia. Founded in 2024, the company is headquartered in Al Malqa, Riyadh, and holds 100% ownership of its projects, with a total exploration portfolio comprising five granted licenses covering 420 km² in the Nabitah–Ad Duwayhi and Nuqrah–As Safra metallogenic belts. Almasar employs advanced exploration methods, leveraging proprietary and government datasets to enhance its exploration efficiency. The company is scheduled to go public on the Australian Securities Exchange (ASX) on August 14, 2026, under the ticker symbol AMK, aiming to raise up to A$12 million at A$0.20 per share for its exploration initiatives. Almasar's leadership includes Dr. Brock Salier as CEO and Managing Director, along with a team featuring Barry Bourne, a geophysicist with over 30 years of experience. The firm is supported by prominent mining funds and family offices.

Where this data comes from

Australian Securities Exchange upcoming floats and listings. Retrieved Aug 2, 2026.

View the original filing on ASX

Not investment advice. DiscoverIPO is an informational database. Nothing here is a recommendation to buy or sell any security, and no content should be relied on as financial advice. All figures come from public securities-regulator filings, may be incomplete or out of date, and should be verified against the original source before you act on them.

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