Ivanhoe misses deadline to increase stake in Renergen
- AKAP
- Jul 15, 2022
- 1 min read
Ivanhoe has not received the Government approvals required to meet the deadline of 120 days from the announcement for its plans to purchase up to a 55% stake in Renergen. Ivanhoe remains a 4.35% shareholder of Renergen and this does not preclude Ivanhoe from further investments in Renergen, as Ivanhoe was interested in the gas production from Renergen to supply its mining assets.