Africa

China Shandong government controlled Yintai Gold to acquire Osino for $368M

CPE News

Shandong Gold/Shandong government controlled Yintai Gold Co. to acquire Osino Resources Corp. for CDN $1.90 per share for approximately CDN $368M

Kinvest Venture Partners holds US $3.15M initial close for Capstone Kinvest Impact Fund I

Ted Liu

Ray Sawatsky, Jesse Ratichek, Reg Allatt led Kinvest Venture Partners, in partnership with Capstone Asset Management Inc., held US $3.15M initial closing of the Capstone Kinvest Impact Fund 1.

Powered By People secures US $8M Series A

CPE News

Ella Peinovich, Hedvig Alexander and Alison Phillips founded Powered by People secured US $8M Series A equity funding led by Altos Ventures, with participation from existing investors, Golden Ventures and Susa Ventures.

Clinify secures US $1.5M seed funding led by Thin Air Labs

CPE News

Michael Omidele founded Clinify secured US $1.5M seed financing led by Thin Air Labs Fund I ($1M), with participation from HaloHealth and other strategic angel investors.

Fonds de solidarité and EDC invest $15M in merger of Abipa and Groupe ARM

CPE News

Fonds de solidarité FTQ and Export Development Canada (EDC) invested $15M in new Abipa Canada, dba ABIPA International, formed by Abipa Canada Inc. and Ace Capital Partners and IRDI Capital Investissement backed French company Groupe ARM.

UAE registered Lord of Seven Hills to take Fura Gems private for $41M

CPE News

Lord of Seven Hills Holdings FZE to take Fura Gems private at a price of $0.15 per share for $40.8M or $19.8M to minority shareholders.

OMERS backed Fairfax Africa Holdings to acquire Helios Holdings

CPE News

Fairfax Africa (TSX: FAH.U) and Helios Holdings to combine to become leading pan-Africa focused listed alternative asset manager. Helios' Tope Lawani and Babatunde Soyoye to lead the combined entity.

Glencore to take Katanga Mining private for $53M

CPE News

Glencore International AG to take Katanga Mining private at CDN $0.16 per share for $52.7M to minority shareholders.

EWB Canada launches $20M Hummingbird Impact African focused VC fund

CPE News

Engineers Without Borders Canada (EWB Canada) launched $20M social impact fund, Hummingbird Impact, to invest in for-profit, impact-driven gender-lens African tech ventures

Glencore controlled Katanga Mining to raise CDN $7.6B in rights offering

Ted Liu

Glencore plc controlled Katanga Mining Limited (TSX: KAT) to close rights offering to raise approximately CDN $7.6 billion

Desert Lion Energy announces $12M equity and debt financings led by AIP

CPE News

Desert Lion Energy (TSX-V: DLI) secured $10M secured note financing with AIP Asset Management and AIP Global Macro Fund L.P., to raise $2M in non-brokered unit offering

Ivanhoe Mines closes US $616M financing with CITIC and Zijin

Ted Liu

Ivanhoe Mines (TSX: IVN; OTCQX: IVPAF) completed US $616 million financing with CITIC Metal Co., Ltd. and Zijin Mining Group Co., Ltd. ,

Sawiris family’s La Mancha to acquire 30% of Golden Star for US $125.7M

Ted Liu

Sawiris family owned La Mancha Holding S.à r.l. to invest US $125.7M for a 30% stake in Golden Star Resources (TSX: GSC), operator of Wassa and Prestea underground mines in Ghana.

Lundin Family Trusts acquire additional African Energy shares

Ted Liu

Lundin Family Trusts invested in Africa Energy (TSX-V: AFE; Nasdaq First North: AEC)'s US $45 million private placement financing with stakes reducing 17.88% to 11.84%

Resource Capital Fund VII leads Orezone Gold $44.9M financing

Ted Liu

Orezone Gold (TSX-V: ORE) to close $44.92M financing led by Resource Capital Fund VII with participation of Coris Capital S.A., Sun Valley Gold, and Mason Hill Advisors

Feronia closes US $9M 1st tranche of US $17.5M Straight KKM 2 financing

CPE News

Feronia closed US $9M first tranche of the previously announced subscription by Straight KKM 2 Limited for US $17.5M

SRG Graphite closes $2.1M 1st tranche financing with CORIS Capital

CPE News

SRG Graphite Inc. (TSX-V: SRG) closed $2.1M first tranche of $3M financing with Coris Capital SA. $900K second tranche to close by September 9, 2017

SRG Graphite secures $3M financing from CORIS Capital

CPE News

SRG Graphite secured $3M strategic investment from Idrissa Nassa's Coris Capital SA

123 Next