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Ivanhoe Mines Ltd T.IVN

Alternate Symbol(s):  IVPAF

Ivanhoe Mines Ltd. is a Canada-based mining, development, and exploration company. The Company is focused on the mining, development and exploration of minerals and precious metals from its property interests located primarily in Africa. Its projects include The Kamoa-Kakula Copper Complex, The Kipushi Project, The Platreef Project., and The Western Foreland Exploration Project. The Kamoa-Kakula Copper Complex project stratiform copper deposit with adjacent prospective exploration areas within the Central African Copperbelt, approximately 25 kilometers (km) west of the town of Kolwezi and about 270 km west of the provincial capital of Lubumbashi. The Kipushi mine is adjacent to the town of Kipushi in the Democratic Republic of the Congo (DRC) approximately 30 km southwest of the provincial capital of Lubumbashi. The 21 licenses in the Western Foreland cover a combined area of 1,808 square kilometers to the north, south and west of the Kamoa-Kakula Copper Complex.


TSX:IVN - Post by User

Bullboard Posts
Comment by rarihokwatson Oct 08, 2019 1:23pm
201 Views
Post# 30208071

RE:zijin likes ivn

RE:zijin likes ivn Giselle,

They are taking this from Robert F. Good for him . He's selling 48 million shares to Zijin. Thats about 4 % of the cap


Zijin to increase its shareholding in Ivanhoe Mines to 13.88%
in a private share purchase and sale transaction
with CITIC Metal Africa and Robert Friedland
After the closing of the transaction, CITIC Metal Africa will own approximately 26.4% of Ivanhoe’s issued and outstanding shares, Robert Friedland will own approximately 13.2%, and Zijin will own 13.88%. The price per share will be fixed on the day prior to completion of the transaction at the prevailing one-day volume weighted average price at that time, but with a floor price of C$3.98 – the price of the recently completed second strategic investment by CITIC Metal in Ivanhoe Mines.
Bullboard Posts