SolGold Raises $10.7 Million Via Share Subscription Pact
August 30 2016 - 5:07AM
Dow Jones News
LONDON--Australia based copper gold exploration company SolGold
PLC (SOLG.LN) said Tuesday that it will raise $10.7 million via a
share subscription agreement with gold miner Newcrest International
and its parent, Newcrest Mining Ltd. (NCM.AU)
The company said Newcrest will subscribe 135.7 million shares at
8 cents per share.
Shares of SolGold at 0835 GMT trading 3.4% lower at 7 pence.
Write to Tapan Panchal at tapan.panchal@wsj.com
(END) Dow Jones Newswires
August 30, 2016 04:52 ET (08:52 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
Newcrest Mining (ASX:NCM)
Historical Stock Chart
From Apr 2024 to May 2024
Newcrest Mining (ASX:NCM)
Historical Stock Chart
From May 2023 to May 2024
