Cadillac Mines Corp. and Amapa Minerals Holdings Inc. filed for initial public offerings , in the latest sign that the pace of Canadian listings is starting to pick up.

Cadillac has claims on property in Ontario, where its flagship Kerr-Addison project is located, and in Quebec, according to a preliminary prospectus published Monday. It counts Franco-Nevada Corp. co-founder Pierre Lassonde as its chairman.

Amapa’s main asset is a past-producing open-pit gold mine in Northern Brazil that sold more than 1.5 million ounces of the metal from 2005 and 2021, a statement showed. The number of shares in both companies’ offerings and their respective offering prices haven’t been determined yet.

The potential listings add to a growing pipeline of Toronto debuts, after several years of lacklustre IPO activity . They join BG Gold Capital II Corp., which filed on July 7 for a Toronto listing to fund its gold project in the Canadian territory of Nunavut.

Led by the $1.1 billion debut of generic drug maker Apotex Health Corp. in late May, Canadian IPOs have raised $1.8 billion in the busiest year for new listings by volume since 2021, according to data compiled by Bloomberg.

Cadillac plans to expand its gold resource base at Kerr-Addison, advance its Geminid nickel deposit and unlock the potential of its Abitibi land position, its statement Monday showed.

In May, the company changed its name from Gold Candle Ltd. to reflect its presence along the Cadillac-Larder Lake Break in Ontario and Quebec.

The IPO will include the sale of new shares and an offering by existing shareholders, its statement showed. The offering will be led by Bank of Montreal, National Bank of Canada and Stifel Financial Corp.

Amapa plans to sell an as-yet undetermined number of new shares, its statement showed. Its IPO will be led by Canaccord Genuity and Bank of Montreal.

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Bloomberg.com