24
Apr
02:17
Blackstone raises funds through Cordrus equity sale
Australian miner Blackstone Minerals has received AUD 900,000 ($584,483) from the sale of 25 million Codrus Minerals shares through broker facilitated off market transfers, Kallanish notes.
Blackstone says in a statement that the company ended the March 2024 quarter with about AUD 4 million of cash and cash equivalents.
Following the partial sell down of its investment in Codrus, the firm has an estimated cash position of about AUD 4.9 million.
Blackst…
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Very good overview of the weekly steel market.
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