Asian Spectator

.
Business Advice

.

High Power Exploration receives a significant equity investment

  • Written by ACN Newswire - Press Releases

High Power Exploration receives a significant equity investment

LONDON, Nov 20, 2019 - (ACN Newswire) - Eric Finlayson, President of High Power Exploration Inc. ("HPX"), announced today that the Company has closed a US$88 million equity investment from a U.S.-based institutional investor.

The funds received will enable HPX, among other things, to fast-track development of the Nimba iron ore project, located in the Republic of Guinea with a target production of 20 million tonnes per annum of high-grade direct shipping ore with the possibility of further expansion in the future.

Mr. Finlayson said, "This investment underscores not only the high quality of the Nimba project but also the pipeline of world-class projects and opportunities that the HPX management team is working to deliver."

About HPX

HPX is a privately-owned, U.S.-domiciled mineral exploration and development company. For further information, please visit www.hpxploration.com.

Information contactEvan YoungPhone: +1.416.545.5371evanyoung@ivancorp.net

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/49908

Copyright 2019 ACN Newswire. All rights reserved. www.acnnewswire.com

Authors: ACN Newswire - Press Releases

Read more //?#

Magazine

Melihat lebih dekat praktik berladang ramah lingkungan “Gilir Balik” masyarakat Ngaung Keruh (bagian 2)

Ladang Gilir Balik di antara rimbunan hutan dan kebun wanatani. Semuanya menjadi mozaik bentang alam yang turut menjaga kelestarian daerah tangkapan air Danau Sentarum.(Rifky/CIFOR), CC BY-NCBagian pe...

Ada apa dengan Manchester United? Memahami naik turunnya prestasi klub sepak bola dalam mitos ‘Sisifus’

Stadion Old Trafford di Manchester, Inggris.Nook Thitipat/ShutterstockSisifus adalah salah satu tokoh terkenal dalam mitologi Yunani kuno. Ia memiliki peran penting dalam sejarah, termasuk sebagai pen...

Sulitnya televisi lokal bermigrasi digital, bagaimana solusinya?

Dunia penyiaran kita masih menyimpan persoalan kompleks yang belum ada jalan keluarnya. Amanah Undang-Undang (UU) No. 32 Tahun 2002 tentang Penyiaran yang memiliki semangat desentralisasi kepemilikan ...



NewsServices.com

Content & Technology Connecting Global Audiences

More Information - Less Opinion