Regaal Resources IPO GMP: Issue Gets 26.4x Subscription On Day 2; Should You Apply?

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Posted by AI on 2025-08-13 13:10:14 | Last Updated by AI on 2025-08-13 14:30:14

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Investing in IPO can be a great way to get in on the ground floor of a rising company, but they can be risky too. Today, I'll take a look at the Regaal Resources IPO and their grey market premium, which stands at 29.41% as of today. Let's take a look at the basics, and whether it looks like a good investment.

Starting with the basics, Regaal Resources is a Canadian company that acquires and develops natural resource projects in precious metals and bulk commodities. They have projects across Canada and Brazil, including their Timmins, Ontario project which is currently on care and maintenance, their Midas property and Moleen property, both also in Ontario, and their Cabacal and Bom Futuro properties in Brazil.

The company intends to raise $13,050,000 and has pricing shares at $0.1091 per unit, consisting of one common share and one transferable warrant to purchase one common share at an exercise price of $0.1752 per share for a period of 48 months from the date of issuance.

The IPO was looking for a minimum 25% subscription rate, but as of day 2 it has 26.4x subscription instead. This looks like a strong debut and a successful IPO, but should you apply? Well, that's a difficult call to make, and you should do your own research into the company and the fundamentals before making any investment decisions. However, if the IPO price is any indicator, Regaal Resources looks like it could be a bright prospect, and one to keep an eye on.

Go!