01
Oct
16:52
Sundance secures more financing for African iron ore project
Australian iron ore miner Sundance Resources has arranged additional financing through a convertible notes issue and extension of the due date for existing notes. This will allow the company to continue with the development of its African iron ore project between Cameroon and Congo, it says.
Sundance Resources has signed a term sheet with a group of investor to raise AUD 47 million ($33.1m) through issuing 70,000 convertible notes at a face value of AUD 100 apie…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous