IN BRIEF: Tharisa raises USD31.8 million through Zimbabwe bond issue

Mon, 12th Dec 2022 15:18

Tharisa PLC - Cyprus-headquartered platinum miner focusing on southern Africa - Raises USD31.8 million through a bond issue in Zimbabwe, which it says exceeds the minimum requirement of USD25.0 million. But late last month, it said it planned to raise USD50 million to part fund the Karo Platinum Project in Zimbabwe. The bond will be listed on the Victoria Falls Stock Exchange on Friday.

Current stock price in London: 100.18 pence, up 0.7% on Monday

12-month change: down 9.8%

Current stock price in Johannesburg: ZAR21.30, down 4.7%

12-month change: down 17%

By Artwell Dlamini, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

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