FPX Nickel Closes $14.4 Million Strategic Equity Investment from Sumitomo Metal Mining [Yahoo! Finance]
SUMITOMO MTL MNG UNSP/ADR (SMMYY)
NASDAQ:AMEX Investor Relations:
smm.co.jp/e/ir
Company Research
Source: Yahoo! Finance
closed the private placement financing (the " Private Placement ") with a new cornerstone strategic investor, Sumitomo Metal Mining Canada Ltd. (" SMCL "), a wholly-owned subsidiary of Sumitomo Metal Mining Co., Ltd. (TSE: 5713) (" SMM "), as previously announced in the Company's January 17, 2024 news release. Under the terms of the Private Placement, FPX has issued 30,104,488 common shares (" Private Placement Common Shares ") in the capital of the Company to SMCL at a price of per Private Placement Common Share, for gross proceeds of . On completion of the Private Placement, SMCL now owns 9.9% of FPX's issued and outstanding common shares on a non-diluted basis. The Company intends to use the net proceeds of the Private Placement primarily for exploration and development ??activities at its Baptiste Nickel? ?Project, continuance of ??ongoing environmental baseline activities, feasibility study readiness activities, and ??general corporate and administrative purposes. The Private
Show less
Read more
Impact Snapshot
Event Time:
SMMYY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SMMYY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SMMYY alerts
High impacting SUMITOMO MTL MNG UNSP/ADR news events
Weekly update
A roundup of the hottest topics
SMMYY
News
- Ardea, Sumitomo Metal Mining (SMM) and Mitsubishi Corporation (MC) to form a Joint Venture to develop the Kalgoorlie Nickel Project (KNP) - Goongarrie HubPR Web
- Bonding Wires Market to Reach $18 billion, Globally, by 2032 at 3.7% CAGR: Allied Market Research [Yahoo! Finance]Yahoo! Finance
- Copper Chemicals Market to Reach $4.5 billion, Globally, by 2032 at 6.5% CAGR: Allied Market Research [Yahoo! Finance]Yahoo! Finance
- Nano One Reports Q4 2023 Results and Provides Progress Update [Yahoo! Finance]Yahoo! Finance
- SOLAMENT™ Unveils at SXSW, Showcasing Revolutionary Solar-Smart Material Prototypes [Yahoo! Finance]Yahoo! Finance