IHS Chemical Week

Markets :: Basic Chemicals :: Inorganic Chemicals :: Fertilizers

Sirius Minerals secures more financing for York potash project

9:28 AM MDT | August 13, 2013 | Natasha Alperowicz

Sirius Minerals (London) has announced that an unspecified New York–based institutional investor agreed to provide £25 million ($38.7 million) of funding in the form of convertible notes. Together with its £8.5 million in existing cash, Sirius said the deal "will provide funding for at least 12 months of the necessary work to secure approvals for the York potash project." The financing is staged to minimize dilution to existing shareholders and maximize flexibility to the company. “At a time of great volatility in the potash...

This information is only available to Chemical Week subscribers.

Username:
Password:

Forgot your user ID or password?
Click here to have it sent to you.

Risk Free Trial

Email Address

First Name

Last Name

Click here to register and get your RISK-FREE access to chemweek.com

Not an IHS Chemical Week
24/7 member yet?

Here's why you should be:

  • Searchable online archive access of the last 2 years of Chemical Week.
  • Print or digital magazine subscription
  • Price and market change alerts
  • Economic data and statistics
  • Buyers' Guides
  • Webcasts | whitepapers

 

 

 













 
contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2012 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa