CAPITAL MARKETS

Mirabela raises cash, but CVRD Inco sits out

NICKEL giant CVRD Inco has been conspicuous in its absence from Mirabela Nickel’s latest $25.62 million share placement, with the now Brazilian-controlled entity not exercising its right to take up to 10% of the offer.

Paul Garvey

Mirabela raises cash, but CVRD Inco sits out

CVRD Inco, which previously held around 11.2% of Mirabela’s issued capital and is Mirabela's joint venture partner at Mirabela's flagship Santa Rita project, was formed when Canada's Inco was taken over...

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