The shares of NQ Minerals, an Australian-based exploration and mining company, have been admitted to trading on the ISDX Growth Market under the ticker NQMI and have commenced. The company is focusing on projects where past exploration work has established the presence of mineral occurrences and its management team has decades of experience in the exploration and production of gold, silver and a variety of base metals;

NQ Minerals is focused on two exploration projects known as Ukalunda and Square Post, in North Queensland, Australia. These projects are both located in prospective mining districts that form part of the well-known Charters Towers Gold Province, where more than 20 Moz of gold has been mined.

The Company raised the money through INcrowd, the first crowdfunding platform to offer exclusive access to investment opportunities in publicly quoted debt and equity securities.

Commenting, Non-Executive Chairman Brian Stockbridge, said: “I am delighted that we have today successfully listed NQ Minerals as planned. The Directors consider that NQ Minerals has a distinct advantage arising from the previous exploration work that has been carried out on the tenements. This has a resulted in a valuable database that will allow the team to target spending to achieve the most efficient exploration and improve the chances of success. The short-term strategy is aimed at increasing value by targeted exploration and the easiest way to add value is by drilling.

“The Directors consider that 2015 and 2016 are likely to see a healthy news flow from both the Ukalunda and Square Post projects as exploration proceeds and any positive results should allow value to be added. The management has a proven track record not just in locating properties with valuable resources but, more importantly, in developing these projects to bankable stage.”