Otmane El Rhazi : Atlas extends capital raise deadline

Otmane El Rhazi from Mining Weekly | Ferrous Metals Home.

Iron-ore miner Atlas Iron has extended the closing date of its capital raise from July 13 to July 16, as the company hoped to attract more interest. “The last few days have by far been the strongest period of uptake in the shareholder participation offer (SPO) to date. Atlas has decided to extend the closing date for the SPO and general public placement in light of this recent uptake,” said MD David Flanagan.