Mindoro Resources sets share sale to IFC, investors

Riza T. Olchondra
Philippine Daily Inquirer

MANILA, Philippines— Mindoro Resources Ltd. has arranged for a potential share sale to the International Finance Corporation (IFC), a member of the World Bank Group, and other investors to advance the Agata nickel project in the Surigao gold district.

In a disclosure to the Toronto Stock Exchange, Mindoro Resources said that IFC might purchase up to 10 million units consisting of one common share and one common share purchase warrant at a price of CAD$0.208 each.

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