Picture of Ivanhoe Mines logo

IVN — Ivanhoe Mines News Story

0.000.00%
ca flag iconLast trade - 00:00
Basic MaterialsAdventurousLarge CapNeutral

Brief: Ivanhoe Mines Announces Us$500 Million Strategic Private Placement With Qatar Investment Authority (Qia)

Sept 17 (Reuters) - Ivanhoe Mines Ltd IVN.TO:

IVANHOE MINES ANNOUNCES US$500 MILLION STRATEGIC PRIVATE PLACEMENT WITH QATAR INVESTMENT AUTHORITY (QIA)

IVANHOE MINES- UPON COMPLETION OF INVESTMENT, QIA TO OWN ABOUT 4% OF IVANHOE MINES’ ISSUED & OUTSTANDING COMMON SHARES

IVANHOE MINES: IN ACCORDANCE WITH INVESTMENT, CO WILL ISSUE 57.5 MILLION COMMON SHARES TO QIA BY PRIVATE PLACEMENT AT PRICE OF C$12.00 PER SHARE

IVANHOE MINES: INTENDS TO USE PROCEEDS TO ADVANCE GROWTH OPPORTUNITIES RELATED TO CRITICAL MINERALS, GENERAL CORPORATE PURPOSES

IVANHOE MINES: CO, QIA WILL ENTER INTO AN INVESTOR RIGHTS AGREEMENT WHICH ENTITLES QIA TO CERTAIN RIGHTS, SHOULD OWNERSHIP RISE ABOVE 10%

Source text: [ID:]

Further company coverage: IVN.TO

 ((Reuters.Briefs@thomsonreuters.com;))

Recent news on Ivanhoe Mines

See all news