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Related Articles
Australia
New Hope Completes AU$300 Million Convertible Notes Offering
New Hope (ASX:NHC) completed a AU$300 million issuance of 2.625% senior unsecured convertible notes due 2032 and the concurrent repurchase of AU$293.3 million of its existing 2029 convertible notes, according to a Thursday filing with the Australian bourse.The new notes are expected to be listed on the Singapore Exchange Securities Trading on or around Thursday, per the filing.The repurchased 2029 notes, which account for around 98% of the outstanding notes, will be cancelled under their terms, the filing said. The company also plans to redeem the remaining AU$6.7 million of notes at par plus accrued interest prior to maturity.
$ASX:NHC
Asia
Eclipse Metals Says Greenland Project Drilling Shows Strontium, Gallium, Scandium Results; Shares Up 5%
Eclipse Metals (ASX:EPM) said follow-up analytical results from diamond drilling at the Grønnedal project in Greenland encountered strontium, gallium, and scandium in addition to extensive rare earth mineralization, according to a Thursday Australian bourse filing.Significant strontium intersections average 2.32% grade of strontium. It also hit 42.5 meters at 26.7 parts-per-million (ppm) grade of gallium as well as 61 meters at 12.3 ppm grade of scandium.The associated-element results are additional to, and do not change, the firm's primary focus on advancing Grønnedal as a neodymium-praseodymium rare earth project, the filing added.Its shares rose 5% in recent trading on Thursday.
$ASX:EPM
Asia
Trent's Consolidated Profit Rises in Fiscal Q4
Trent's (NSE:TRENT, BOM:500251) consolidated attributable profit rose to 4.00 billion Indian rupees in the fiscal fourth quarter ended March 31, from 3.18 billion rupees a year ago.The retailer's earnings per share climbed to 11.26 rupees from 8.95 rupees a year earlier, according to a Wednesday filing to the Indian stock exchanges. The EPS was marginally lower than the 11.33 rupees estimated by the analysts polled by Visible Alpha.Revenue from operations in fiscal Q4 also increased to 50.3 billion rupees from 42.2 billion rupees a year ago.The company's board recommended a dividend of 6 rupees per equity share of 1 rupee each.
$BOM:500251$NSE:TRENT