October 15, 2018 / 9:55 PM / a month ago

CORRECTED-Australia's BHP to subscribe for shares in SolGold

(Corrects second paragraph to say offer at a 28 percent premium, not 36.6 percent)

Oct 16 (Reuters) - The world’s biggest miner BHP on Tuesday said it entered a share subscription agreement with copper-gold explorer SolGold Plc, under which SolGold will issue a 100 million shares to the company.

BHP has agreed to pay 45 pence per SolGold share, which is at a 28 percent premium to the stock’s close on Monday.

Reporting by Devika Syamnath in Bengaluru; Editing by Stephen Coates

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below