{"id":1155076,"date":"2019-12-12T00:12:00","date_gmt":"2019-12-12T06:12:00","guid":{"rendered":"http:\/\/juniorminingnews.com\/?guid=aec78a6f03874a25ef416a363b02022b"},"modified":"2019-12-12T00:23:44","modified_gmt":"2019-12-12T06:23:44","slug":"rio-weighing-options-in-era-funding-row","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=1155076","title":{"rendered":"Rio weighing options in ERA funding row"},"content":{"rendered":"<p>Diversified major Rio Tinto on Thursday said that it would \u2018consider its options\u2019 regarding the proposed A$476-million capital raise by uranium miner Energy Resources of Australia (ERA), after the Australian Takeovers Panel declared unacceptable circumstances.<\/p>\n<p>ERA shareholder Zentree Investments in November made an application to the Takeovers Panel to halt a fully underwritten 6.13-for-1 pro-rata renounceable entitlement offer by ERA, after Rio, which holds a 69.4% interest in ERA, said that it would subscribe for some A$326-million worth of shares under the entitlement offer.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Diversified major Rio Tinto on Thursday said that it would \u2018consider its options\u2019 regarding the proposed A$476-million capital raise by uranium miner Energy Resources of Australia (ERA), after the Australian Takeovers Panel declared unacceptable circum&#8230;<\/p>\n","protected":false},"author":33,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center 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