OceanaGold Corporation (TSE:OGC) has released an update.
OceanaGold Corporation has successfully completed an initial public offering (IPO) for its subsidiary OceanaGold Philippines, Inc., raising approximately US$106 million by selling a 20% interest. The shares, trading under the ticker ‘OGP’, debuted on the Philippines Stock Exchange. The funds raised are intended to contribute to the repayment of the company’s existing $160 million debt as of March 2023.
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