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LEADING EDGE MATERIALS CLOSES FIRST TRANCHE OF C$ 6,000,000 PRIVATE PLACEMENT WITH BINDING STANDBY SUBSCRIPTION AND COMMITMENT OF CORNERSTONE SHAREHOLDER

LEADING EDGE MATERIALS CLOSES FIRST TRANCHE OF C$ 6,000,000 PRIVATE PLACEMENT WITH BINDING STANDBY SUBSCRIPTION AND COMMITMENT OF CORNERSTONE SHAREHOLDER NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY […]

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More in Finance & Markets

Dangote Refinery IPO in Nigeria Gets US$1 Billion Backing

Advisers say Nigeria's Dangote Refinery has a US$1 billion underwriting programme behind its planned Lagos listing - US$600 million already funded and US$400 million promised for the IPO itself.

  • Dangote Refinery to list on Nigerian Exchange with $1 billion underwriting
  • IPO aims for $5 billion valuation, largest African share sale
  • Lekki Free Zone refinery operates at 650,000 barrels/day capacity

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