June 27, 2019 / 12:55 PM / 3 months ago

BRIEF-Polymet Says Glencore Agreed To Exercise Its Basic Subscription Right In Full

June 27 (Reuters) - Polymet Mining Corp:

* POLYMET ANNOUNCES PRELIMINARY RESULTS FOR RIGHTS OFFERING AND RESULTS OF ANNUAL SHAREHOLDER MEETING VOTING

* POLYMET MINING CORP - GLENCORE AGREED TO EXERCISE ITS BASIC SUBSCRIPTION RIGHT IN FULL.

* POLYMET MINING - GLENCORE AGREED, SUBJECT TO CERTAIN TERMS, LIMITATIONS AND CONDITIONS, TO PURCHASE ALL UNSUBSCRIBED COMMON SHARES IN RIGHTS OFFERING

* POLYMET MINING CORP - BASED ON PRELIMINARY RESULTS, COMPANY EXPECTS GLENCORE TO PURCHASE 430.6 MILLION COMMON SHARES PURSUANT TO STANDBY COMMITMENT Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below