July 25 (Reuters) - Energy Resources Of Australia Ltd (ERA) :
- UPDATES REGARDING ITS ASSESSMENT OF FUNDING OPTIONS
- ERA AND RIO TINTO CONTINUE TO ENGAGE IN ACTIVE DISCUSSIONS REGARDING A FUNDING SOLUTION FOR ERA
- RIO TINTO ONLY WILLING TO PROVIDE ADDITIONAL FINANCIAL SUPPORT TO CO VIA RENOUNCEABLE ENTITLEMENT OFFER BY ERA
- RIO TINTO HAS INDICATED IT WOULD SUBSCRIBE FOR ITS 68.4% ENTITLEMENT OF NEW SHARES UNDER ENTITLEMENT OFFER
- RIO TINTO HAS INDICATED IT WOULD SUBSCRIBE FOR ERA'S 68.4% ENTITLEMENT OF NEW SHARES
- ERA HAD TOTAL CASH AT BANK OF $349 MILLION AT 30 JUNE 2019 COMPARED TO $313 MILLION ON 31 DECEMBER 2018
- RIO TINTO OFFERED TO UNDERWRITE BALANCE OF ENTITLEMENT OFFER IF ALTERNATIVE UNDERWRITING SOLUTION IS NOT AVAILABLE
- ERA CONTINUES TO INVESTIGATE WHETHER THERE ARE OTHER POTENTIAL FUNDING SOURCES
News: ERA Energy Resources Of Australia Updates Regarding Its Assessment Of Funding Options
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