Billionaire Aliko Dangote is seeking to raise $1.6 billion in what would be Nigeria's biggest initial public offering. Dangote Petroleum Refinery and Petrochemicals FZE is offering 4.1 billion shares at 525 naira ($0.40) each, a company spokesman said Friday. The IPO will open on Sept. 14. Bloomberg's Anthony Osae-Brown reports.
Iltani Resources (ASX:ILT) received drill results that confirmed expanded mineralisation at its Orient Project.
Iran and the US carried out tit-for-tat tanker strikes over the weekend, pushing oil prices higher and escalating a six-month war. Bloomberg's Paul Wallace has the latest.
Anteris Technologies Global (ASX:AVR) appointed Brent Moen as CFO, effective Sept. 11.
Kaoko Metals (ASX:KAO) secured $20 million in new equity funding to accelerate exploration activities at its core Chalkos Copper-Silver Project.
Australian energy stocks rose 1.4% during morning trade following reports that major OPEC+ nations will keep oil production quotas unchanged.
Tolu Minerals (ASX:TOK) accepted a 95 million kina debt facility from National Banking to fund capital works at the Tolukuma Gold Mine.
Omega Oil & Gas (ASX:OMA) has commenced drilling at the Canyon-4 appraisal well to further evaluate the hydrocarbon potential.
Gratifii (ASX:GTI) entered an agreement via its subsidiary Ticketmates Australia to supply movie tickets across 199 cinema locations to Blackhawk Network clients.
Pacific Current Group (ASX:PAC) has rejected a non-binding indicative takeover proposal from Roc Partners.
Robotic technology company FBR (ASX:FBR) received firm commitments to raise $1.5 million via a placement.
Australasian Metals (ASX:A8G) has signed a binding option agreement with Firering Strategic Minerals to acquire majority interests in two African lithium projects.
