Northam raises R250m from IDC

June 10, 2016

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JSE-listed Northam Platinum has successfully raised R250-million through the issue of R250-million of new domestic medium-term notes. Northam in February announced that it had entered into a subscription agreement with the Industrial Development Corporation (IDC), which would subscribe for R250-million of new domestic medium-term notes. The notes were issued on Friday.

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