Breaking News | Robert Friedland's Ivanhoe Mines selling minority stake to China's CITIC

By robert friedland / June 12, 2018 / www.youtube.com / Article Link


Breaking News | Robert Friedland's Ivanhoe Mines selling minority stake to China's CITICBreaking News | Robert Friedland's Ivanhoe Mines selling minority stake to China's CITICRobert Friedland's Ivanhoe Mines Ltd. is selling a minority stake to a Chinese state-owned firm, securing an important financing source, as uncertainty lingers over how a new African mining code could affect the Canadian base metals miner. On Monday, Ivanhoe announced it is selling 19.9 per cent of the company by issuing 196.6 million shares in a private placement to CITIC Metal, a subsidiary of CITIC Ltd., China's largest conglomerate. The shares are being issued at $3.68 apiece, a 13-per-cent ...SUBSCRIBE To Our Channel : https://www.youtube.com/channel/UCPMj...Facebook : https://www.facebook.com/World-Breaki...Twitter : https://twitter.com/trinhhuuminhlyGoogle+ : https://plus.google.com/u/0/101746655...Pinterest : https://www.pinterest.com/adanjanuzai/Wedsite : http://www.bbc.com/newsInstagram : https://www.instagram.com/world_break...Source : http://c.newsnow.co.uk/A/2/941810013?-:Thanks For Watching Video. Please SUBSCRIBE

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