MarketsReported
2.1
Priner raises R$220M to expand mining services
Brazil JournalLO·BR·3 days ago
Priner's board approved a capital increase of up to R$220 million through issuance of up to 11 million new shares at R$20 each, with a minimum subscription of 5 million shares (R$100 million) for partial approval. The private subscription with preemptive rights for existing shareholders signals a potential equity raise, likely for expansion or debt reduction. The move may dilute current shareholders but indicates growth plans.