The funds will complete construction and commissioning of phase I at La Patona gold ore processing plant in Acarí in Peru.
Tag: placement
Serica completes $300m bond placement
Serica Energy plc has completed a placement of $300 million of new five-year senior unsecured bonds, with a coupon rate of 7.875% per annum. OPPORTUNITIES The bond placement met “strong” demand and was “significantly” oversubscribed by high-quality investors across the Nordics, UK and other regions. Settlement of the bond issue is expected on or about […]
Cuadrilla Resources in line for £11m to extract shale gas in Lancashire
Cuadrilla Resources plc’s owner said that its recent AUS$19.7 million (£11.5m) fundraise may be used on the shale gas extraction project in Lancashire. REGULATORY CHANGES A statement from Australian owner AJ Lucas Group Ltd yesterday reported completion of the “heavily oversubscribed” placement of 179.4 million shares each at $0.11, a discount of 29%. “Proceeds raised […]
Galantas receives C$264,333 via warrant exercise
Galantas Gold Corporation received C$264,333.60 (£174,000) from the early exercise of 700,000 warrants at C$0.33 and 83,334 warrants at C$0.40 by investor Ocean Partners UK Ltd. Following admission, Ocean Partners will have a 4,116,668 common shares representing 4% of the company’s issued share capita. The number of common shares in issue in the Canadian miner […]
Cadence’s partner targets $100.7m for Yangibana
Cadence Minerals plc said that its joint venture partner had received commitments to raise $100.7 million for the Yangibana rare earth project in the Gascoyne region of Western Australia. PRODUCTION Hastings Technology Metals owns 70% and Cadence holds 30% of three mining leases and six exploration licences which form part of the project. Cadence has […]