Deals this week: Meteoric Resources, Centennial Mining, PPX Mining

1 December 2017 (Last Updated November 30th, 2017 11:41)

Diversified mineral exploration company Meteoric Resources has agreed to raise A$1.24m ($0.94m) in a share purchase plan of 20 million shares priced at A$0.062 ($0.047) each.

Diversified mineral exploration company Meteoric Resources has agreed to raise A$1.24m ($0.94m) in a share purchase plan of 20 million shares priced at A$0.062 ($0.047) each.

The company has engaged CPS Capital Group as underwriter for the transaction.

In a different transaction, Meteoric Resources has agreed to raise A$3.1m ($2.36m) in a private placement.

Based in Australia, Meteoric Resources focuses on developing gold, copper, and cobalt projects.

“Centennial Mining has agreed to raise A$1.94m ($1.47m) in the first tranche of placement, which is priced similarly.”

Centennial Mining has reached an agreement to raise A$0.67m ($0.51m) in a second tranche of placement of shares.

Each share will be priced at A$0.011 ($0.008) under the placement.

Centennial Mining has agreed to raise A$1.94m ($1.47m) in the first tranche of placement, which is priced similarly.

The company has additionally issued more than 100 million shares priced at A$0.011 ($0.008) each, to raise A$1.15m ($0.87m) under a share purchase plan (SPP).

Based in Australia, Centennial Mining is a gold metal exploration company.

Canada-based gold and silver exploration company PPX Mining has raised $2.5m in a second tranche of financing from RIVI Capital.

Based in the US, RIVI Capital provides investment advisory services.

Yankuang Group has raised $400m in a public offering of bonds maturing on 30 November 2020. Bearing an interest of 4.75%, the bonds were issued at a price of 99.311% and offer an initial yield of 5.06%.

The company has engaged China Silk Road International Capital, GF Securities, Goldman Sachs, and Orient Securities International Holdings as bookrunners for the transaction.

Based in China, Yankuang Group is engaged in the production and sale of coal products.