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Royal Canadian Mint to Raise About C$250 Million in Bullion Reserves IPO
Oct. 31, 2011 10:27AM PST
Precious Metals Investing
Bloomberg reported that the Royal Canadian Mint is granting an IPO of its gold reserves to raise $250 million.
Bloomberg reported that the Royal Canadian Mint is granting an IPO of its gold reserves to raise $250 million.
As quoted in the market news:
The company plans to offer units priced at C$20 each, according to a statement on Oct. 28. The units will be listed on the Toronto Stock Exchange.