High Power Exploration Inc.

  • Land: .

Nachricht vom 20.11.2019 | 10:00

High Power Exploration receives a significant equity investment

DGAP-News: High Power Exploration Inc. / Key word(s): Miscellaneous
20.11.2019 / 10:00
The issuer is solely responsible for the content of this announcement.

London, United Kingdom--(Newsfile Corp. - November 20, 2019) - Eric Finlayson, President of High Power Exploration Inc. ("HPX"), announced today that the Company has closed a US$88 million equity investment from a U.S.-based institutional investor.

The funds received will enable HPX, among other things, to fast-track development of the Nimba iron ore project, located in the Republic of Guinea with a target production of 20 million tonnes per annum of high-grade direct shipping ore with the possibility of further expansion in the future.

Mr. Finlayson said, "This investment underscores not only the high quality of the Nimba project but also the pipeline of world-class projects and opportunities that the HPX management team is working to deliver."

About HPX

HPX is a privately-owned, U.S.-domiciled mineral exploration and development company. For further information, please visit www.hpxploration.com.

Information contact

Evan Young
Phone: +1.416.545.5371
evanyoung@ivancorp.net

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/49908

Click on, or paste the following link into your web browser,to view the associated documents http://www.newsfilecorp.com/release/49908
News Source: Newsfile


20.11.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de



show this

GBC-Fokusbox

Media and Games Invest wächst dynamisch und profitabel

Innerhalb des Konzerns Media and Games Invest sind der wachstumsstarke Game-Publisher gamigo AG sowie Unternehmen aus dem dynamischen Bereich „Digital Media“ gebündelt. Der Wachstumskurs der Gesellschaft soll sowohl auf Basis eines anhaltenden anorganischen Wachstums sowie durch den Ausbau des bestehenden Geschäftes fortgesetzt werden. Im Rahmen unserer Initial-Coverage-Studie haben wir ein Kursziel von 1,90 € je Aktie ermittelt und vergeben das Rating KAUFEN..

News im Fokus

Vonovia SE: Wohnungsunternehmen Vonovia erhält erstmalig A- Rating (News mit Zusatzmaterial)

13. Dezember 2019, 10:50

Aktuelle Research-Studie

MBH Corporation Plc

Original-Research: MBH Corporation plc (von GBC AG): Management Interview

13. Dezember 2019