OceanaGold Corporation (TSE:OGC) has released an update.
OceanaGold Corporation is set to raise approximately $106 million by offering 20% of its subsidiary, OceanaGold Philippines, Inc. (OGPI), through an IPO on the Philippines Stock Exchange. The IPO price is set at ₱13.33 per share, with the retail offer period from April 29 to May 6, 2024, and an anticipated listing date of May 13. The net proceeds are intended for the repayment of OceanaGold’s existing bank debt.
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