{"id":15344,"date":"2017-11-30T07:38:11","date_gmt":"2017-11-30T07:38:11","guid":{"rendered":"http:\/\/abdas.org\/?p=15344"},"modified":"2017-11-30T07:38:11","modified_gmt":"2017-11-30T07:38:11","slug":"africa-tin-mining-alphamin-secures-regulatory-approval-for-secondary-listing","status":"publish","type":"post","link":"https:\/\/abdas.org\/2017\/11\/30\/africa-tin-mining-alphamin-secures-regulatory-approval-for-secondary-listing\/","title":{"rendered":"Africa Tin Mining &#8211; Alphamin secures regulatory approval for secondary listing"},"content":{"rendered":"<p><a href=\"http:\/\/abdas.org\/?attachment_id=15347\" rel=\"attachment wp-att-15347\"><img loading=\"lazy\" src=\"http:\/\/abdas.org\/wp-content\/uploads\/2017\/11\/main-547_300x200.jpg\" alt=\"\" width=\"300\" height=\"200\" class=\"alignleft size-full wp-image-15347\" \/><\/a> TSX-V-listed tin exploration and development company Alphamin is planning a December 7 secondary inward listing on the alternative exchange of the JSE after having obtained all regulatory approvals.<\/p>\n<p>The JSE and the South African Reserve Bank have approved the secondary listing.<br \/>\nThe listing will assist Alphamin in jumping the final funding hurdle for its Bisie tin project, in the North Kivu province of the Democratic Republic of Congo.<\/p>\n<p>The company is focused on the Phase 1 development of the Mpama North portion of Bisie between the second quarter of this year and the first quarter of 2019, which requires about $149.8-million to complete and includes an equity raising in both South Africa and abroad targeting $56.1-million.<br \/>\n\u201cIt is intended to conduct the equity raise in terms of a private placement of common shares to be undertaken by the company prior to the secondary listing.<\/p>\n<p>Existing major shareholder Tremont Master committed to participate in the private placement, while $93.7-million will be obtained from a $80-million senior secured, nonrevolving, term credit facility from a syndicate of lenders and $13.7-million from a direct investment by the Industrial Development Corporation.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>TSX-V-listed tin exploration and development company Alphamin is planning a December 7 secondary inward listing on the alternative exchange of the JSE after having obtained all regulatory approvals. The JSE &hellip; <\/p>\n","protected":false},"author":49128,"featured_media":15347,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[462,504,409,404,503],"tags":[617,615,593,616],"aioseo_notices":[],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/abdas.org\/wp-json\/wp\/v2\/posts\/15344"}],"collection":[{"href":"https:\/\/abdas.org\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/abdas.org\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/abdas.org\/wp-json\/wp\/v2\/users\/49128"}],"replies":[{"embeddable":true,"href":"https:\/\/abdas.org\/wp-json\/wp\/v2\/comments?post=15344"}],"version-history":[{"count":0,"href":"https:\/\/abdas.org\/wp-json\/wp\/v2\/posts\/15344\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/abdas.org\/wp-json\/wp\/v2\/media\/15347"}],"wp:attachment":[{"href":"https:\/\/abdas.org\/wp-json\/wp\/v2\/media?parent=15344"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/abdas.org\/wp-json\/wp\/v2\/categories?post=15344"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/abdas.org\/wp-json\/wp\/v2\/tags?post=15344"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}