CAPITAL MARKETS

Blackstone Minerals opens Codrus IPO

With its focus on Ta Khoa nickel-copper project in Vietnam taking up most of its time, Blackstone Minerals has formally opened the raising for the spin-out of Codrus Minerals, which will advance its non-core US and Western Australia assets.

Haydn Black
Blackstone Minerals opens Codrus IPO

Codrus is seeking A$5-8 million at 20c per share to drive exploration to fund a $3-5.7 million exploration program over the next two years.   Blackstone expects to own 47-58% of Codrus, and existing...

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