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Reuters reported Ivanplats and other platinum miners are offering their shares through equity deals.
Reuters reported Ivanplats and other platinum miners are offering their shares through equity deals.
As quoted in the market news:
New issuers are also stepping up. Last month, Ivanplats – the mining company founded by billionaire Robert Friedland – began a long-awaited process to list on the Toronto Stock Exchange.
The company, which owns copper and platinum projects in Africa, plans to sell about 60 million shares at between C$4.50 and C$5.40 as part of its initial public offering, said a source familiar with the situation. That would make the offering worth between C$270 million and C$325 million.