Earlier this month it secured a US$600 million loan from the Arab investment fund, which owns Harrods and holds stakes in Sainsbury (LON:SBRY) and the London Stock Exchange (LON:LSE).
Existing shareholders stumped up an additional US$150 million.
Saturday 22 October 2011
European Goldfields' Qatar deal a "total game changer", says Evolution - Proactiveinvestors (UK)
European Goldfields' (LON:EGU) funding agreement with Qatar Holding is a “total game changer” for the miner, according to Evolution Securities.
Earlier this month it secured a US$600 million loan from the Arab investment fund, which owns Harrods and holds stakes in Sainsbury (LON:SBRY) and the London Stock Exchange (LON:LSE).
Existing shareholders stumped up an additional US$150 million.
Earlier this month it secured a US$600 million loan from the Arab investment fund, which owns Harrods and holds stakes in Sainsbury (LON:SBRY) and the London Stock Exchange (LON:LSE).
Existing shareholders stumped up an additional US$150 million.
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