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Glass Earth complete C$2.35M placement of shares, warrants to fund placer buyout
By Jonathan Underhill June 26 (BusinessDesk) - Glass Earth Gold, the miner whose shares trade on the NZAX and Canada’s TSX Venture Exchange, completed a C$2.36 million private placement of shares that will be used to buy out its joint venture partner in Otago. The company sold...
NZ dollar may fall from near 7-week high on concern EU leaders struggling to resolve crisis
By Hannah Lynch June 26 (BusinessDesk) - The New Zealand dollar may fall from near a seven-week high as concern mounts that Thursday's European leaders' summit in Brussels will fail to deliver a durable solution to the region's debt crisis. The New Zealand dollar was little...
CORRECTION: Allied Nationwide extends term for loan to parent
(corrects to identify Allied Nationwide Finance as borrower) June 25 (BusinessDesk) - Allied Nationwide Finance, in receivership has agreed to extend a $13.4 million loan to its parent Allied Farmers for a year. Meanwhile, Allied Farmers expects to write off a further $1.8 mill...
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