Asaolus Resources Limited (ASX:AJY) completed its initial public offering (IPO) and listed on the Australian Securities Exchange (ASX) in November 2012. The company raised A$4.4 million during its pre-IPO and IPO fund-raising. AJY is the first China company to list on a stock exchange with only an exploration licence. Biztrack Consultants acted as the company’s corporate adviser for its listing and is now still advising the company on its continuing listing obligations.
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Blackgold International Holdings Limited (ASX:BGG) listed on ASX in February 2011 after successfully completed its initial public offering (IPO). During the IPO, BGG raised A$70.2 million which made it the third largest IPO in Australia in 2011. BGG is the first privately owned Chinese coal producer to list on a western stock exchange. Biztrack Consultants (then practising under the name of Biztrack Partnership) acted as BGG’s corporate adviser for its IPO.