Ivanhoe Mines secures $500-million investment from Qatar Investment Authority
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9 Articles
Ivanhoe Mines announces US$500 million Qatar investment – Resource World Magazine
Ivanhoe Mines Ltd. [IVN-TSX, IVPAF-OTC] Executive Co-Chair and President Robert Friedland and CEO Marna Cloete have announced a US$500 million investment from Qatar Investment Authority, the sovereign wealth fund of the State of Qatar. Under the terms of the investment, Ivanhoe will issue 57.5 million common shares to QIA by way of a private placement priced at $12 per share, leaving QIA with approximately a 4.0% Ivanhoe’s issued and outstanding…
Friedland sells 4% of Ivanhoe to Qatar for $500M - The Northern Miner
Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) has agreed to a $500-million investment from Qatar that gives its sovereign wealth fund 4% of the Canadian copper miner founded by billionaire Robert Friedland.... The post Friedland sells 4% of Ivanhoe to Qatar for $500M appeared first on The Northern Miner.
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