Monday, October 23, 2023
10:36 AM EST – Ivanhoe Electric : Executive Chairman Robert Friedland and President and Chief Executive Officer Taylor Melvin are pleased to announce that Ma’aden, the Company’s Joint Venture partner in Saudi Arabia and a 9.9% shareholder, has formally subscribed under its top-up right. By exercising its top-up right, Ma’aden maintains its 9.9% ownership in Ivanhoe Electric common stock following the Company’s follow-on equity offering in September. Ivanhoe Electric (T.IE) shares were unchanged at 14.85.
Stocks in Play: Ivanhoe Electric, Mon, 23 Oct 2023 10:42:06 EST