Creamer Media’s Mining Weekly: Ivanhoe Mines files final prospectus for rights offering

New York- and Toronto-listed Ivanhoe Mines on Friday filed its final prospectus for a $1.8-billion rights offering to complete development of its Oyu Tolgoi copper/gold project in Mongolia. The company said the offering was open to all existing shareholders on an equal and proportional basis to buy additional common shares. The rights offering is part of the comprehensive financing plan to continue the development of the Oyu Tolgoi project, and was the subject of a memorandum of agreement with majority shareholder Rio Tinto on April 18. To read the full article, click hereIvanhoe Mines files final prospectus for rights offering

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