American West Metals: ASX LISTING DATE CONFIRMED

American West Metals Limited (ASX: AW1) (“American West” or the “ Company”) is pleased to confirm that the Australian Securities Exchange (“ASX”) has scheduled the listing of the Company for 11am AWST/2pm AEST on Monday 13 December 2021.
Under the terms of its IPO Prospectus, American West issued 60 million new shares at 20 cents each to raise $12,000,000. These new IPO investors combined will hold approximately 36% of the Company’s issued capital at the time of listing.
The Company has a total of 154.6 million shares on issue which at the 20 cents IPO price represents a pre-listing market capitalisation of approximately $31.0 million. 
American West Managing Director Dave O’Neill said:  
“Listing on the ASX will mark a significant milestone for American West Metals. I would like to thank all our investors who recognise the significant opportunity to establish a progressive mining company, focused on growth and the supply of critical metals for the global energy transformation.
“We are now well funded to execute our exploration and project development plans – and to unlock the full potential of our North American asset portfolio.”