Wolf Minerals Limited (Wolf) lodged its prospectus with ASIC on the 22 December 2006 to raise $3,000,000.
The offer was extremely well supported by Ironbark Zinc Ltd and Graynic Metals Ltd shareholders and extremely oversubscribed. The Company commenced trading on 15 February 2007 a month earlier than expected.
Wolf listed with strong support and made a solid debut on the ASX in February 2007. This success continued and led to Wolf being hailed as the best performing IPO for 2007, which is attributable to both the leadership and direction of the Board and the strong support from shareholders.
On December 5 2007 Wolf announced that it had signed an option and lease agreement for the mineral rights and the rights to mine the Hemerdon Tungsten and tin deposit.
Wolf's primary focus is to complete the feasibility study on the Hemerdon project with the aim to commence production.