Tuesday 24 March 2015

Otmane El Rhazi : Cameroonian investor pumps $5m into IMIC, joins board

Otmane El Rhazi from Mining Weekly | Ferrous Metals Home.



Aim-listed iron-ore miner International Mining & Infrastructure Corporation (IMIC) has received a $5-million capital injection by Cameroon-based investment vehicle Caisse Capital, through a convertible bond. Caisse was controlled by Cameroonian businessperson and MTN Cameroon chairperson Colin Mukete, who had broad business interests in telecommunications, broadcasting, agribusinesses, property development, construction and asset management.

No comments:

Post a Comment