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Ivanhoe Mines Announces Closing of US$575,000,000 Convertible Senior Notes Offering
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Toronto, Ontario (Newsfile Corp. - March 17, 2021) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) (the company ) today announced the closing of its previously announced private placement offering of US$575,000,000 aggregate principal amount of 2.50% convertible senior notes due 2026 (the Notes and the Offering ), which includes the exercise in full of the initial purchasers option to purchase up to an additional US$75,000,000 aggregate principal amount of Notes.
Executive Co-Chairman of the company, Robert Friedland, commented, We received tremendous inbound interest in our convertible notes financing from leading North American and European fundamental institutional investors, as was evidenced by the order book being significantly oversubscribed. The overwhelmingly positive response to this financing reflects the quality of our mining and exploration assets, our industry-leading ESG initiatives, and the strength of our operational and exploration teams. We believe that the c
VRB Energy announces agreement for China s largest solar battery; a 100MW solar & storage project in Hubei Province – Padovanews
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Framework also includes ‘Gigafactory’ manufacturing facility and vanadium flow battery R&D institute
/EIN News/ BEIJING and VANCOUVER, British Columbia, March 15, 2021 (GLOBE NEWSWIRE) VRB Energy Chairman Robert Friedland and Chief Executive Officer Dr. Mianyan Huang are
pleased to announce a framework agreement for a 100 megawatt (MW) solar photovoltaic (PV) and 100MW / 500MWh vanadium flow battery integrated power station project in Xiangyang, Hubei Province.
The agreement also includes construction of the first 50MW per annum of a new 1,000MW per annum VRB-ESS
® “Gigafactory” manufacturing facility, and a vanadium flow battery intelligent energy research and development (R&D) institute.
The agreement was signed by the Xiangyang Municipal Government, Hubei Pingfan New Energy, the Xiangyang High-tech State-owned Capital Investment and Operation Group, and VRB Energy at a ceremony on March 4th. The initial 40MW / 200MWh VRB-ESS
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