Santiago-based Golden International Mining Group has announced that it is finally moving forward with its long-awaited initial public offering (IPO). The company had initially planned to go public last year but faced a delay due to a lack of liquidity. However, that hurdle has been successfully overcome through a private placement of the company’s stock with a number of agents, the main one being Hillman Wealth Management.
“We are delighted to announce that Golden International Mining Group is finally going public,” said CEO Graham Watkins. “Our successful private placement has given us the liquidity we need to expand our business and take it to the next level. We believe that this is the right move for our company, and we are excited about the opportunities that lie ahead.”
To protect the company and its investors, Golden International Mining Group is likely to implement a lockdown holding period for all investors looking to sell immediately. This will prevent any abrupt and potentially damaging sell-offs, allowing the company to maintain a stable stock price during its first few weeks of trading.
“We believe that the lockdown holding period is an important measure that will help protect our company and our investors,” said Watkins. “This will allow us to stabilize our stock price during the first few weeks of trading, giving our investors the opportunity to see the value in our company and its potential for growth.”
Multiple analysts have predicted that Golden International Mining Group’s listing price will be between $6.20 and $8.20 within the first week of trading, based on the company’s strong financial performance and the promising outlook for the gold mining industry.
Registration documents for the IPO must be completed and submitted 48 hours prior to the forecasted listing date. The company is working closely with its agents to ensure a smooth and successful listing process.
“We are committed to ensuring that our IPO is a success,” said Watkins. “We are confident that our company has a bright future ahead, and we look forward to sharing that future with our investors and stakeholders.”
About Golden International Mining Group
Golden International Mining Group is a leading gold mining company based in Santiago, Chile. The company is committed to sustainable mining practices and has a strong track record of financial performance and growth. With the support of its agents and investors, Golden International Mining Group is poised to take advantage of the many opportunities that lie ahead in the gold mining industry.
Contact Info Graham Watkins
Chief Executive Officer, Golden International Mining Group
Phone: +56 42 2453832
E-mail: [email protected]