IHS Chemical Week

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

Sirius Minerals secures more financing for York potash project

2:13 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.


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

Not an IHS Chemical Week subscriber yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine a year in print or digital format
  • Real time news and analysis on chemweek.com 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now


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

ihsCopyright © 2015 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