Form D Summary: Azure Minerals $3.74 million Fundraising. Brett Dickson Filed Jul 12 D form

Azure Minerals Ltd - Brett Dickson

Azure Minerals Financing

Azure Minerals Ltd, Corporation just had published form D because of $3.74 million equity financing. This is a new filing. Azure Minerals was able to finance itself with $3.74 million. That is 100.00% of the financing round. The total private offering amount was $3.74 million. The fundraising form was filed on 2016-07-12. The reason for the financing was: Amounts above do not include potential proceeds of up to AUD$1,692,523 upon the exercise of warrants.

Azure Minerals is based in Australia. The filler’s business is not disclosed. The form was signed by Brett Dickson Secretary. The company was incorporated more than five years ago. The filler’s address is: Level 1, 34 Colin Street, West Perth, C3, Australia, 6005. Brett Dickson is the related person in the form and it has address: Level 1, 34 Colin Street, West Perth, C3, Australia, 6005. Link to Azure Minerals Filing: 000167775816000001.

Analysis of Azure Minerals Offering

On average, firms in the not disclosed sector, sell 67.77% of the total offering amount. Azure Minerals sold 100.00% of the offering. Could this mean that the trust in Azure Minerals is high? The average investment floor size for companies in all industries in our database is $3.05 million. The total amount raised is 22.74% bigger than the average for companies in the database. The minimum investment for this offering is set at $0. If you know more about the reasons for the fundraising, please comment below.

What is Form D? What It Is Used For

Form D disclosures could be used to track and understand better your competitors. The information in Form D is usually highly confidential for ventures and startups and they don’t like revealing it. This is because it reveals amount raised or planned to be raised as well as reasons for the financing. This could help competitors. Entrepreneurs usually want to keep their financing a ‘secret’ so they can stay in stealth mode for longer.

Why Fundraising Reporting Is Good For Azure Minerals Also

The Form D signed by Brett Dickson might help Azure Minerals Ltd’s sector. First, it helps potential customers feel more safe to deal with a firm that is well financed. The odds are higher that it will stay in the business. Second, this could attract other investors such as venture-capital firms, funds and angels. Third, positive PR effects could even bring leasing firms and venture lenders.

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