Ivernia to raise $18.11 million in private placement - MarketLine Financial Deals

Ivernia to raise $18.11 million in private placement

Ivernia to raise $18.11 million in private placement - MarketLine Financial Deals
Ivernia to raise $18.11 million in private placement
Published Jan 11, 2011
2 pages — Published Jan 11, 2011
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Abstract:

Ivernia, Inc., a Canada-based metal mining, exploration and development company, has entered into an agreement with Cayman Islands-based private equity fund Sentient Executive GP III Limited, pursuant to which Sentient has agreed to purchase 52.9 million Ivernia common shares at a price of CAD0.34 ($0.342) per common share for gross proceeds of approximately CAD18 million ($18.11 million), by way of a non-brokered private placement.

  
Source:
Document ID
MA46971_110119
Country
Ticker
IVW=CA
Company
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MarketLine Financial Deals—MarketLine Financial Deals – Identifying and tracking major financial activity across our full scope of company and sector coverage, MarketLine Financial Deals covers mergers & acquisitions, private equity/venture capital backed buyouts, investments, and exits, IPOs and secondary and follow on offerings, and private placements and exits. Additional non-corporate financial deals including partnership agreements, joint ventures, co-development and research, licensing and co-marketing agreements are also available.

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MLA:
MarketLine Financial Deals. "Ivernia to raise $18.11 million in private placement" Jan 11, 2011. Alacra Store. Dec 04, 2016. <http://www.alacrastore.com/storecontent/MarketLine-Financial-Deals/Ivernia-to-raise-18-11-million-in-private-placement-2052-51429>
  
APA:
MarketLine Financial Deals. (2011). Ivernia to raise $18.11 million in private placement Jan 11, 2011. New York, NY: Alacra Store. Retrieved Dec 04, 2016 from <http://www.alacrastore.com/storecontent/MarketLine-Financial-Deals/Ivernia-to-raise-18-11-million-in-private-placement-2052-51429>
  
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