Ivanhoe Electric Inc. entered into a Common Stock Subscription Agreement with Saudi Arabian Mining Company Ma?aden on October 23, 2023.The Company will sell to Ma?aden 1,513,650 shares of common stock of the Company at a purchase price of $13.50 per share for aggregate gross proceeds of approximately $20.4 million.There are no fees or commissions payable on the Ma?aden subscription.Closing is expected to occur on October 31, 2023, subject to the satisfaction of closing conditions set forth in the Subscription Agreement.
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
51.8 SAR | +0.58% | -5.82% | +6.69% |
Apr. 21 | Ma’aden Reports Reformation of Audit Committee | MT |
Apr. 18 | Rio Tinto, Saudi’s Manara Said to Eye Minority Stake in Zambian Copper Mines | MT |
EPS Revisions
1st Jan change | Capi. | |
---|---|---|
+6.69% | 50.97B | |
-14.40% | 143B | |
-6.66% | 117B | |
-0.55% | 71.07B | |
+13.30% | 48.38B | |
+34.12% | 39.93B | |
+22.92% | 26.1B | |
+32.58% | 21.36B | |
+58.44% | 18.57B | |
+53.37% | 17.66B |
- Stock Market
- Equities
- 1211 Stock
- News Saudi Arabian Mining Company (Ma'aden)
- Ivanhoe Electric Inc. announced that it expects to receive $20.434275 million in funding from Saudi Arabian Mining Company (Ma'aden)