IVN-T kissed all time 52 week low, $1.305 Friday June 6 trading session.
Ivanhoe Mines June 6, '14 will list an additional 191,668,200 Class A shares on the Toronto Stock Exchange at the open on Tuesday, June 10, 2014, according to the TSX. As in a June 2, 2014, short form prospectus, Ivanhoe plans to sell 83,334,000 units to the public at $1.50 each, raising $125,001,000. It has granted the underwriters an overallotment option to buy up to 12,500,100 more units at the same price for 30 days from the closing of the offering. Each unit consists of one Class A share and one Class A share purchase warrant. Each warrant entitles the holder to buy one Class A share for $1.80 at any time before 5 p.m. (Vancouver time) on the date that is 18 months from the closing of the offering.The company plans to use the money raised to advance its Kamoa and Kipushi projects, and for general corporate purposes.
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June 6, 2014 - NR
According to the Toronto Stock Exchange, Ivanhoe Mines Ltd. will list 115,000,767 Class A share purchase warrants on the TSX at the open on Tuesday, June 10, 2014, 95,834,100 of which are being issued pursuant to a $125,001,000 prospectus offering of units. Each warrant entitles the holder to buy one Class A share for $1.80 until 5 p.m. (Vancouver time) on Dec. 10, 2015, assuming the offering closes on June 10, 2014.
The warrants will trade under the symbol IVN.WT and Cusip No. 46579R 11 2. |
