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NEW IPO - Lucknow Gold Limited

NEW IPO - Lucknow Gold Limited
05 Aug 2008

REF;http://www.comsec.com.au/public/news.aspx?id=982

CommSec is pleased to present the opportunity to invest in Lucknow Gold Limited (Lucknow Gold, the Company). Lucknow Gold owns the Lucknow and Yambulla Goldfields located within the highly mineralised Lachlan Fold Belt of NSW.

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http://www.lucknowgold.com.au/

The Lachlan Fold Belt has provided continuous exploration success since 1977 with major economic copper-gold discoveries at Northparkes, Cadia, Cowal, Ridgeway and the Wyoming Prospect near Peak Hill. The Lucknow Project is located only 15 kilometres west of the Cadia-Ridgeway Mineral District, which contains Australia’s second largest gold operation and one of the world’s highest Au-grade porphyry gold-copper deposits.

  • The Bank of NSW and Commercial Bank purchased 1962 kg of Lucknow gold from April 1862 to February 1867, though other gold went to private buyers or direct ...
    www.walkabout.com.au/locations/NSWLucknow.shtml - 30k - Cached - Similar pages

  • The Company’s focus is on gold exploration in areas of historic production whose prospectivity has not been tested with either drilling and/or modern exploration techniques.

    CommSec has been appointed Lead Manager to the Lucknow Gold initial public offer to raise $7.5 million.

    http://www.delisted.com.au/Browse/E

    Find out more

    To find out more about this investment opportunity and download the Prospectus:

    1. Log on to commsec.com.au using your account number and password.
    2. On the top toolbar, click on Trading then IPOs/New Issues.
    3. Click on the Lucknow Gold Limited link.

    Risks

    http://www.indiachikankari.com/img/award4.jpg

    Potential investors must read the Prospectus and understand the terms and the risks associated with an investment in Lucknow Gold. It is important to note that the Company’s projects are largely unexplored, or in the early stages of exploration and, while considered to be prospective, are speculative. The prospects of the Company must be considered in light of the risks, expenses, difficulties and uncertainties frequently encountered by companies in their early stages of development and mineral exploration.

    Risks may be outside of Lucknow Gold’s control. Details of risks are set out in Section 3 of the Prospectus. The risks list in Section 3 of the Prospectus is not exhaustive and potential investors should read the Prospectus in full and, if they require further information on material risks, seek appropriate financial advice.

    Before applying for Shares, prospective investors should consider whether an investment in Lucknow Gold is a suitable investment for them.

    Disclaimer

    Capitalised terms in this website have equal meaning to the capitalised terms in the Prospectus. Unless indicated otherwise, any amounts stated herein are expressed in AUD.

    Commonwealth Securities Limited, ABN 60 067 254 399 (CommSec) is a wholly owned but non-guaranteed subsidiary of the Commonwealth Bank of Australia ABN 48 123 123 124 (Commonwealth Bank) and a Participant of the ASX Group.

    The information contained in this website should not be taken as a recommendation to invest in the Company. The information has been prepared for general information only and not having regard to a particular person’s investment needs, objectives and financial situation. Before making a decision you should consider, with or without the assistance of a financial adviser, whether an investment in the Company is appropriate in light of your particular investment needs, objectives and circumstances.

    This website is not an offer document. The terms of Offer are set out in the Lucknow Gold Limited Prospectus dated 31 July 2008. CommSec recommend that you read the Prospectus before deciding whether to invest. Applications to invest can only be made on an application form attached to or accompanying the Prospectus. A decision to subscribe for Shares should be made on the basis of the information in the Prospectus. You may obtain a Prospectus free of charge by calling CommSec on 13 15 19.

    In receiving this website you represent and warrant that you will not distribute this website to any person outside of Australia. In particular, the Company’s Shares have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "U.S. Securities Act") or the securities laws of any state of the United States and may not be offered or sold in the United States or to, or for the account or benefit of, any "U.S. Person" as defined in Regulation S under the US Securities Act. The Issuer has not and will not be registered under the US Investment Company Act. In addition, until 40 days after the commencement of the Offer, an offer or sale of the Company’s Shares within the United States by any dealer that is not participating in the Offer may violate the registration requirement of the Securities Act.

    This website has been issued by Commonwealth Securities Limited (CommSec) for its clients, and is not to be relied upon by anyone else. We believe that the information herein is correct and any opinions, conclusions or recommendations contained in this website are reasonably held or made as at the time of its compilation, but we make no warranty as to the accuracy, reliability or completeness of that information. CommSec has not independently verified the information given in this website. Except to the extent that any liability under any law cannot be excluded, no liability for any loss or damage which may be suffered by any person, directly or indirectly, through relying upon any information or statement in this website is accepted by the Commonwealth Bank of Australia ABN 48 123 123 124 or CommSec ABN 60 067 254 399 or any of their directors, employees or agents, whether that loss or damage is caused by any fault or negligence on their part or otherwise. Commonwealth Bank and its subsidiaries do not guarantee the obligations or performance of CommSec or the products or services offered.

    Disclosure of Fees:
    CommSec is participating as Lead Manager in the Offer of Shares in Lucknow Gold Limited. CommSec may receive a fee of up to 5% (GST exclusive) consisting of a selling and a management fee, all of which are linked to the gross proceeds raised from the transfer of Shares under the Offer where the applications for those Shares were procured by CommSec. CommSec or one or more of its associates may perform, or may seek to perform, other financial or advisory services for the entities mentioned in this website, or its associates and may have other interests in or relationships with the Company or its associates, and receive fees, commissions or other compensation in such capacities. CommSec or one or more of its associates has received fees, commissions or other compensation from entities of the Company or its associates in the past 12 months, and expects to be entitled to receive such fees, commissions or other compensation in the future, including the fees referred to above.

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