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Ivanhoe receives additional C$679m investment

By:  
Creamer Media Social Media Editor & Senior Writer
 
COPPER/PLATINUM GROUP METALS
Co-chairpersons of TSX-listed Ivanhoe Mines, Robert Friedland and Yufeng Sun, on Wednesday announced that Citic Metal, through a subsidiary, is investing an additional C$612-million in Ivanhoe at C$3.98 a share. Zijin Mining Group has now also fully exercised its antidilution rights, also at C$3.98 a share, thereby generating additional proceeds for Ivanhoe Mines of C$67-million.
 
 
 
 
 

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