BRIEF-Ivanhoe Mines Announces $500 Mln Strategic Private Placement With Qatar Investment Authority

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Sept 17 (Reuters) - QATAR INVESTMENT AUTHORITY:

IVANHOE MINES ANNOUNCES $500 MILLION STRATEGIC PRIVATE PLACEMENT WITH QATAR INVESTMENT AUTHORITY
UPON COMPLETION OF INVESTMENT, QIA WILL OWN APPROX. 4% OF IVANHOE MINES
IVANHOE MINES INTENDS TO USE PROCEEDS FROM INVESTMENT TO ADVANCE GROWTH OPPORTUNITIES
AT CLOSING OF INVESTMENT, QIA AND IVANHOE MINES WILL ENTER INTO AN INVESTOR RIGHTS AGREEMENT WHICH ENTITLES QIA TO CERTAIN RIGHTS CUSTOMARY FOR A TRANSACTION OF THIS NATURE, INCLUDING TO BOARD REPRESENTATION AND INFORMATION RIGHTS SHOULD ITS OWNERSHIP RISE ABOVE 10% AND ANTI-DILUTION RIGHTS
PURSUANT TO INVESTOR RIGHTS AGREEMENTS BETWEEN THE COMPANY AND CITIC METAL AFRICA INVESTMENTS AND ZIJIN MINING GROUP RESPECTIVELY, EACH OF CITIC AND ZIJIN WILL HAVE RIGHT TO ACQUIRE COMMON SHARES OF IVANHOE MINES AT SAME ISSUE PRICE AS QIA TO MAINTAIN THEIR PRO RATA EQUITY INTEREST IN IVANHOE MINES

((Reuters.Briefs@thomsonreuters.com;))

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