Orocobre completes C$20 million offering and lists on the Toronto Stock Exchange
Date Closed
June 15, 2010
Lead Office
Toronto
Value
20.00 Million CAD
On March 31, 2010, Orocobre Limited (an ASX-listed company) issued subscription receipts for gross proceeds of C$20 million pursuant to a private placement. On June 9, 2010, Orocobre completed the prospectus qualification for the distribution of the 10 million ordinary shares issuable upon conversion of the subscription receipts. On June 15, 2010, Orocobre Limited completed the listing of its ordinary shares on the TSX.
Orocobre Limited is a mineral resource company based in Brisbane, Australia. The company's present focus is on lithium and borax mining operations within Argentina
McCarthy Tétrault LLP represented Orocobre, the issuer, with a team led by Gaham Gow.
