-+ 0.00%
-+ 0.00%
-+ 0.00%
Ferrexpo Raises $100 Million to Bolster Liquidity Position, Continue Operations
Share
Listen to the news
02:38 AM EDT, 09/04/2026 (MT Newswires) -- Ferrexpo (FXPO.L) raised gross proceeds of $100 million through a placing and subscription of 448,848,484 new ordinary shares at 0.165 pound sterling apiece. The iron ore pellets producer will use the net proceeds to bolster its liquidity position and resume and continue production operations in Ukraine, according to a Friday release.
Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending