Ukrainian Miner Ferrexpo Warns of Potential Cash Shortage by August

Ferrexpo, a London-listed Ukrainian mining company, has warned that it could face a cash shortage by August. This announcement led to a significant drop in its share price as the company contemplates raising at least $100 million in capital.

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FTFrench140d ago

Ukraine miner Ferrexpo warns it could run out of cash by August

London-listed company’s shares plunge as it considers capital raise of at least $100mn

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Ukrainian Miner Ferrexpo Warns of Potential Cash Shortage by August

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Ukraine miner Ferrexpo warns it could run out of cash by August

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