Trigg Mining has executed a successful IPO

The Trigg Mining IPO has successfully closed raising $4.5 million under the offer. Under the IPO, the Australian company had issued 22,500,000 shares, which were bought by agricultural machinery suppliers, broad acre farmers and other investors involved.

Trigg Mining owns two sulphate of potash (SOP) projects in Australia, Lake Throssell and Laverton Links. The company intends to explore for the sulphate of potash through the sustainable extraction and evaporation of hypersaline brines.

Sulphate of potash is a high-value fertilizer used in cultivating such crops as vegetables, fruits, tea, coffee, tobacco.