financetom
Business
financetom
/
Business
/
Toronto-listed OceanaGold prices Philippine unit's IPO
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Toronto-listed OceanaGold prices Philippine unit's IPO
Apr 23, 2024 7:06 PM

MANILA, April 24 (Reuters) - Toronto-listed miner

OceanaGold Corp ( OCANF ) said it has priced the initial public

offering (IPO) of its Philippine unit at 13.33 pesos ($0.2326)

per share on Wednesday.

In a disclosure to the stock exchange, OceanaGold ( OCANF ) said it

will sell up to 456 million shares or a 20% stake in OceanaGold

Philippines Inc worth 6.078 billion pesos ($106 million).

At the offer price, OceanaGold Philippines secures a market

value of 30.39 billion pesos in the IPO, the Philippines' first

listing for 2024.

The offer period will run from April 29 to May 6 and the

listing is set for May 13, OceanaGold ( OCANF ) said in its preliminary

IPO notice. It is running the IPO to comply with a regulatory

requirement for its gold and copper mine in the northern

Philippines.

($1 = 57.32 Philippine pesos)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
MINISO Q3 Adjusted Earnings, Revenue Rise; Shares Up Pre-Bell
MINISO Q3 Adjusted Earnings, Revenue Rise; Shares Up Pre-Bell
Nov 21, 2025
03:32 AM EST, 11/21/2025 (MT Newswires) -- MINISO ( MNSO ) reported Q3 adjusted net earnings late Thursday of 2.48 Chinese renminbi ($0.35) per diluted American depositary share, up from 2.20 renminbi a year earlier. A single analyst polled by FactSet expected 2.20 renminbi. Revenue for the quarter ended Sept. 30 was 5.80 billion renminbi, up from 4.52 billion renminbi...
Foxconn-Nvidia $1.4 billion Taiwan supercomputing cluster to be ready by H1 2026, Foxconn says
Foxconn-Nvidia $1.4 billion Taiwan supercomputing cluster to be ready by H1 2026, Foxconn says
Nov 21, 2025
(Correct to say 'she', not 'he', in paragraph 4) By Wen-Yee Lee TAIPEI (Reuters) -Foxconn said on Friday that a $1.4 billion supercomputing centre it is building with Nvidia ( NVDA ) will be ready by the first half of 2026, and when complete will be Taiwan's largest advanced GPU cluster.  The 27-megawatt data centre will be powered by Nvidia's...
Blackstone Sells Majority Stake in Desotec to EQT
Blackstone Sells Majority Stake in Desotec to EQT
Nov 21, 2025
03:28 AM EST, 11/21/2025 (MT Newswires) -- Blackstone-managed (BX) funds have sold a majority stake in DESOTEC, a provider of air, soil and water filtration systems and services, to EQT, the companies said Friday. Financial terms were not disclosed. The transaction, subject to customary conditions and approvals, is expected to close in H1 2026, the companies said. Blackstone will remain...
Tempus AI Insider Sold Shares Worth $12,569,043, According to a Recent SEC Filing
Tempus AI Insider Sold Shares Worth $12,569,043, According to a Recent SEC Filing
Nov 21, 2025
03:32 AM EST, 11/21/2025 (MT Newswires) -- Eric P Lefkofsky, 10% Owner, Director, Chief Executive Officer and Chairman, on November 18, 2025, sold 183,079 shares in Tempus AI ( TEM ) for $12,569,043. Following the Form 4 filing with the SEC, Lefkofsky has control over a total of 29,540,425 Class A common shares of the company, with 2,003,213 shares held...
Copyright 2023-2026 - www.financetom.com All Rights Reserved