News
26 June 2019

China's CITIC approved for C$612m Ivanhoe investment

In:
Metals and Mining
Region:
Americas, Asia-Pacific

China's CITIC Metal has received its internal approval for a C$612 million ($464 million) investment by its subsidiary CITIC Metal Africa Investments in Vancouver-headquartered Ivanhoe Mines.Ivanhoe Mines will issue 153,821,507 common shares to CITIC Metal Africa at C$3.98 per share, a premium...

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