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Article: ZCCM Investments Holdings Plc to take US$30 million Private Placement in Equinox Minerals Limited
- Article from:
- CCNMatthews Newswire
- Article date:
- March 22, 2006
CopyrightCopyright 2006 CCNMatthews Newswire. Provided by ProQuest LLC. (Hide copyright information)
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TORONTO, ONTARIO--(CCNMatthews - March 22, 2006) -
THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE
SERVICES OR FOR DISSEMINATION IN THE UNITED STATES, AND DOES NOT
CONSTITUTE AN OFFER OF THE SECURITIES DESCRIBED HEREIN
Equinox Minerals Limited (TSX:EQN)(ASX:EQN) ("Equinox" or the
"Company") is pleased to announce that it has entered into a non-
brokered US$30 million private placement Subscription Agreement with
ZCCM Investments Holdings Plc (LSE: ZCC) ("ZCCM") pursuant to which
ZCCM has agreed to purchase from Equinox the following Common Shares
of the Company ("Shares"):
(a) on or about March 31, 2006 (the "Initial Subscription Date"),
ZCCM will purchase US$15 million of ...