Platinum group metals (PGMs) and chrome miner Tharisa has received applications from investors wanting to subscribe for notes totalling $31.8-million.
Tharisa’s Karo Mining Holdings subsidiary previously launched a fixed-income note offer to raise $50-million.
The proceeds raised will be applied to part fund the Karo platinum project – a development-stage, low-cost, openpit PGMs asset located on the Great Dyke, in Zimbabwe.
Edited by: Chanel de Bruyn
Creamer Media Senior Deputy Editor Online
EMAIL THIS ARTICLE SAVE THIS ARTICLE ARTICLE ENQUIRY
To subscribe email email@example.com or click here
To advertise email firstname.lastname@example.org or click here