Tuesday, April 3, 2007

Exxaro raises $169 mln from share placement

(Reuters) - South Africa's Exxaro Resources on Tuesday said it had raised 1.216 billion rand from the placement of 19 million shares at 64 rand a share.

In an earlier announcement, Exxaro and Anglo South Africa Capital Ltd. (ASAC) said a placement of a further 4.5 million shares in Exxaro was made due to market demand.


Read more at Reuters Africa

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