15 June 2011capital raising announcement● NeutralMajor
Ivanhoe closed the 5.75% convertible debenture offering, raising just over Cdn$73M in total, including more than Cdn$23M placed privately with its own directors, officers and insiders.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
29 Jan 2010capital raising announcement▲ GoodMajor
Ivanhoe raised up to Cdn$150M (including the underwriters' over-allotment) in its largest special-warrant placement to date, at Cdn$3.00 per warrant.
14 July 2008capital raising announcement▲ GoodMajor
Ivanhoe closed a Cdn$88M special-warrant placement, largely to fund its pending purchase of Talisman's oil sands leases.
7 Apr 2006capital raising announcement▲ Good
Ivanhoe raised about US$25.4M in a special-warrant placement to three offshore investors. Deputy Chairman and top shareholder Robert Friedland took part to keep his stake near 20%; most proceeds went to retire debt and boost working capital.
4 Jan 2006capital raising announcement▲ Good
Ivanhoe issued 11.2M shares from a November 2005 special-warrant placement that had raised roughly US$18.25M from four accredited offshore investors.