Australian gold and base metal exploration company Alchemy Resources has announced its intention to raise A$1.15m ($0.87m) through a pro-rata, non-renounceable entitlement offer.
As part of the offer, one new fully-paid ordinary share priced at A$0.015 ($0.011) a share will be issued in exchange of three shares to eligible shareholders.
The offer is valid until 22 May.
The company also intends to raise A$0.52m ($0.39m) through private placement of 34.618 million shares priced at A$0.15 ($0.11) a share.
iMD Companies subsidiary KRSNA Minerals has announced its plans to acquire a manganese-producing mine in India.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below formBy GlobalData
KRSNA Minerals is a mining company based in the US.
Russian aluminium producer RUSAL has announced that it has raised $500m through public offering of international bonds maturing on 3 May 2023.
With an annual coupon rate of 5.3%, the bonds were sold at 100% price value and the interest will be paid semi-annually.
Metalloinvest MC has completed a public offering of international bonds, due 2024, to raise $800m. The bonds will have initial yield value and coupon rate of 4.85%, for which interest will be paid semi-annually.
Metalloinvest is a Russian company engaged in the production of hot briquetted iron (HBI) and iron ore products.
The company was supported by a group of underwriters led by BMO Capital Markets, Scotiabank and RBC Capital Markets, and Bank of America Merrill Lynch.