31
May
16:25
LITHIUM: Firefinch raises $100m in Leo Lithium’s IPO
Australia-listed miner Firefinch said Tuesday its lithium spin-off Leo Lithium is expected to raise up to $100 million in its initial public offering (IPO), Kallanish reports.
Over 90% of the offer was allocated to existing Firefinch shareholders, with the miner also reporting oversubscription with strong support from high quality institutional investors. As part of the transaction, Firefinch acquired its full AUD 20m ($14.33m) allocation under the Firefinch offer…
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Anonymous
Very good overview of the weekly steel market.
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