Earlier this month, the company, which was formed in 2015, opened a A$5-6 million initial public offering after securing $500,000 in seed funding late last year.
The IPO, lead managed by Novus Capital, is offering 25-30 million shares at 20c per share with every two shares to come with a free-attaching option, exercisable at 30c within three years.
The IPO got a big boost last month when it was revealed that Resolute Mining would come on as a cornerstone shareholder, subscribing for $2 million worth of shares in the offer.
Depending on how much is raised, Resolute will hold 12.6-13.4% of Mako when it lists.
Speaking to MNN on the sidelines of Mining Indaba last wee...