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South32 doubles stake in Trilogy

South32 has participated in a US$28.7 million raising by Toronto and New York-listed Trilogy Metals

Kristie Batten

South32 subscribed for 40% of the offering, with Electrum Strategic Opportunities Fund taking around 20%, the Baupost Group taking roughly 10% and Selz Capital taking about 4%. South32 paid around $11.5...

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