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Report: A$156.9M of Aurelia Metals stock is on the block

JPMorgan was looking for buyers June 7 for A$156.9 million of Aurelia Metals Ltd. shares, or about 37% of the miner's outstanding capital, The Australian Financial Review's Street Talk reported the same day, citing a term sheet sent to fund managers.

The shares were being offered at 50 Australian cents apiece, equivalent to a 14.5% discount to the previous day's closing price, according to the report. JPMorgan was expected to close the book later the same day on behalf of private equity firm Pacific Road Capital.