Company Overview

Carawine was incorporated by its parent company Sheffield Resources Limited (ASX:SFX) following a strategic review and decision by the Sheffield Board to demerge its gold and base metals exploration assets into a dedicated exploration company. In November 2017 Carawine demerged from Sheffield through a in specie distribution of its shares to Sheffield shareholders, then completed an Initial Public Offer (“IPO”) to raise $7 million through the offer of 35 million shares at an issue price of 20c per share.

These funds will be used to explore for, and ultimately develop, economic gold, copper, cobalt and base metal deposits throughout Australia.

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