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Danakali to Miss $28.5 Mln Second Tranche Equity Investment From Africa Finance

Danakali to Miss $28.5 Mln Second Tranche Equity Investment From Africa Finance

Danakali将错过来自非洲金融的2850万美元第二批股权投资
Dow Jones Newswires ·  2020/10/26 05:05

DJ Danakali to Miss $28.5 Mln Second Tranche Equity Investment From Africa Finance

DJ Danakali将错过来自非洲金融的2850万美元第二批股权投资

By Matteo Castia

马泰奥·卡斯蒂亚(Matteo Castia)

Danakali Ltd. said Monday that the second tranche of the equity funding from Africa Finance Corp. agreed on in December 2019 won't be completed according to schedule as the required conditions won't be satisfied in time.

Danakali Ltd.周一说,非洲金融公司(African Finance Corp.)2019年12月同意的第二批股权融资将无法如期完成,因为所需条件无法及时满足。

"The board of Danakali now considers it unlikely that all such conditions precedent will be satisfied prior to the deadline of Nov. 21," the Australian mining company said.

“Danakali董事会现在认为,在11月21日的最后期限之前,不太可能满足所有这些先例条件,”这家澳大利亚矿业公司表示。

The second tranche of the investment amounts to $28.5 million and forms part of the $50.0 million funding deal Danakali signed with Africa Finance, a pan-African financial institution, to fund construction of Danakali's Colluli potash project in Eritrea.

第二批投资总额为2850万美元,是Danakali与泛非金融机构非洲金融签署的5000万美元融资协议的一部分,旨在为Danakali在厄立特里亚的Colluli钾肥项目建设提供资金。

Africa Finance is Danakali's largest shareholder.

非洲金融是Danakali的最大股东。

Write to Matteo Castia at matteo.castia@dowjones.com

写信给Matteo Castia,电子邮件:matteo.castia@dowjones.com

(END) Dow Jones Newswires

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October 26, 2020 05:05 ET (09:05 GMT)

2020年10月26日东部时间05:05(格林尼治标准时间09:05)

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