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Canada’s Ivanplats closes $307 million IPO and now trades shares on the TSX

Cecilia Jamasmie | October 23, 2012 | 6:53 pm Base Metals Precious Metals Africa Europe Copper Palladium Platinum 

Africa-focused miner Ivanplats (TSX:IVP), founded by billionaire Robert Friedland, successfully closed Tuesday its $307-million initial public offering (IPO) on the Toronto stock exchange, issuing total equity of $504 million (Cdn$493). The amount, of which $307 million (Cdn$300) was for the IPO itself, includes...

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