Renaissance Capital logo

Early-stage mining company Key Mining files for a $25 million IPO

November 14, 2023
KMCM

Key Mining, a Florida-based mining company with two exploration-stage projects in Chile, filed on Tuesday with the SEC to raise up to $25 million in an initial public offering.

Key Mining is an exploration stage mining company focused primarily on the development of two projects located in the Atacama Region of Chile. Its Cerro Blanco project is focused primarily on exploring for rutile from which high grade titanium dioxide (TiO2) can be processed. Its Fiel Rosita project is focused primarily on exploring for copper, and to a lesser extent, zinc.

The Miami, FL-based company was incorporated in 2020 and plans to list on the Nasdaq under the symbol KMCM. Key Mining filed confidentially on September 1, 2023. Titan Partners is the sole bookrunner on the deal. No pricing terms were disclosed.