Key Mining, a Florida-based mining company with two exploration-stage projects in Chile, withdrew its plans for an initial public offering on Wednesday. It had filed in November 2023 and most recently planned to raise $10 million by offering 4.4 million shares at $2.25. The company last updated its prospectus in April 2024.
The Miami, FL-based company was founded in 2020 and booked n/a in sales for the 12 months ended December 31, 2023. It had planned to list on the NYSE American under the symbol KMCM. D. Boral Capital was set to be the sole bookrunner on the deal.
