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AUSTRALIA'S ILUKA RAISES US$82.7 MLN VIA SHARE PLACEMENT.
SYDNEY, May 1 Asia Pulse - Iluka Resources Ltd (ASX:ILU) has raised A$114 million (US$82.66 million) through an institutional share placement.
The mineral sands miner said it had placed 38 million ordinary shares at A$3 each, a nine per cent discount to the closing share price on April 30.
The company's shares rose after the announcement on Friday and were trading two cents higher at A$3.32 at 1042 AEST.
Iluka managing director David ...
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Source: HighBeam Research, AUSTRALIA'S ILUKA RAISES US$82.7 MLN VIA SHARE PLACEMENT.