PolyMet Mining Corp. Has Received A Non-Binding Proposal From Glencore AG To Acquire All Outstanding Shares Of The Co For $2.11/Share
$PLM
Metal Mining
Basic Materials
- SEC Filing
- SEC Filing
Save time and jump to the most important pieces.
SC 13D/A - POLYMET MINING CORP (0000866028) (Subject)
SC 13D/A - POLYMET MINING CORP (0000866028) (Subject)
SC 13D/A - POLYMET MINING CORP (0000866028) (Subject)
15-12G - POLYMET MINING CORP (0000866028) (Filer)
6-K - POLYMET MINING CORP (0000866028) (Filer)
S-8 POS - POLYMET MINING CORP (0000866028) (Filer)
St. Paul, Minnesota--(Newsfile Corp. - June 30, 2022) - PolyMet Mining Corp. (TSX:POM) (NYSE:PLM) today announced the appointment of Denton Henkelman as vice president and project director. In a career spanning 36 years, Mr. Henkelman has led engineering and construction of major hard rock mining projects including the Eagle nickel-copper mine in Michigan, the Diavik diamond mine in Canada's Northwest Territories, iron-ore expansions, oil sands developments, and ancillary facilities such as refineries, shipping ports, water management systems and railways globally. Most recently, Mr. Henkelman was project director of Baffinland Iron Mines Corp.'s major iron ore mine expansion in the Canadian
St. Paul, Minnesota--(Newsfile Corp. - December 10, 2021) - PolyMet Mining Corp. (TSX:POM) (NYSE:PLM) ("PolyMet" or the "company"), today announced the appointment of Glencore executive Matthew Rowlinson to the board of directors, replacing Nathan Bullock, who stepped down. Mr. Rowlinson's appointment and Mr. Bullock's resignation is effective immediately. Mr. Rowlinson leads business development for Glencore's copper assets group. He brings a broad range of mining and metals experience from multiple strategic finance roles across different production chains and geographies and exposure to global marketing strategies of different products. He has led and been involved with many of Glencore's
St. Paul, Minnesota--(Newsfile Corp. - June 14, 2023) - The board of directors of PolyMet Mining Corp. (TSX:POM) (NYSE:PLM) ("PolyMet" or the "company") re-elected Jon Cherry its chairman following the Annual General Meeting of Shareholders held in Vancouver, British Columbia, and re-appointed Al Hodnik lead independent director. At the Annual General Meeting of Shareholders, which also was held virtually at www.virtualshareholdermeeting.com/PLM2023, 90.75% of the eligible shares were represented and all motions put forward by the company were passed. The number of directors of the company was fixed at seven and the following persons were elected as directors of the company to hold office u
St. Paul, Minnesota--(Newsfile Corp. - May 30, 2023) - PolyMet Mining Corp. (TSX:POM) (NYSE:PLM) ("PolyMet" or the "company"), announces its NewRange Copper Nickel joint venture ("NewRange") has commenced work at NorthMet to ready the site for construction when the clean energy minerals project is approved.Estimated to cost US$18M, the work program focuses on preparing the plant site for construction by removing and salvaging steel and other material from the pre-existing concentrator building. The concentrator will be refurbished as part of constructing the NorthMet Project. Up to 120,000 labor hours are expected by as many as 120 union workers, trimming valuable time from the construction
St. Paul, Minnesota--(Newsfile Corp. - May 11, 2023) - PolyMet Mining Corp. (TSX:POM) (NYSE:PLM) ("PolyMet" or the "company") today reports its financial results for the period ended March 31, 2023 and provides a business update.The company achieved three major milestones during the period:Closed on the joint venture agreement (the "Joint Venture") with Teck Resources Limited ("Teck"). Under the Joint Venture, named NewRange Copper Nickel LLC ("NewRange Copper Nickel"), the NorthMet and Mesaba deposits containing high-demand copper, nickel, cobalt and platinum group metals (PGM) are under single management with PolyMet and Teck each holding a 50% interest. NorthMet and Mesaba represent two o
PolyMet Mining Corp (AMEX:PLM) inked a deal with Glencore PLC (OTC:GLCNF)(OTC:GLNCY) to sell its remaining 17.8% of shares for $2.11 in cash per share. Glencore presently holds around 82.18% of PloyMet shares. The deal represents a 167% premium over PLM's $0.79 per share price as of Friday, June 30, 2023, when the company received the binding offer from Glencore. The transaction is expected to close shortly after the shareholder meeting in late Q3 or early Q4. "The necessary next step for advancement of the NewRange Copper Nickel joint venture and the development of strategic minerals vital to our economy's clean energy transformation. The Special Committee strived to maximize value for
Transaction provides Minority Shareholders with all-cash consideration of US$2.11 per share and represents a 167% premium to the unaffected closing price on June 30, 2023 Special meeting of shareholders expected to be held at the end of the third quarter of 2023 or early in the fourth quarter of 2023 St. Paul, Minnesota--(Newsfile Corp. - July 17, 2023) - PolyMet Mining Corp. (TSX:POM) (NYSE:PLM) ("PolyMet" or the "company") announced today that, based on the unanimous recommendation of an independent special committee of its board of directors (the "Special Committee"), it has entered into a definitive agreement (the "Agreement") with Glencore AG ("Glencore"), in respect of a transaction
Gainers PolyMet Mining Corp. (NYSE:PLM) shares surged 144% to $1.92 after the company announced Glencore made a non-binding proposal to acquire the company for $2.11 per share. Fresh Vine Wine, Inc. (NYSE:VINE) gained 70.1% to $0.3845. Fresh Vine Wine recently announced the appointment of Hitesh Dheri as Chief Financial Officer and Secretary. Advanced Health Intelligence Ltd. (NASDAQ:AHI) shares jumped 65.1% to $6.32. Advanced Health Intelligence recently announced the implementation of an ADS ratio change. SQZ Biotechnologies Company (NYSE:SQZ) shares gained 46.1% to $0.3944 after declining 11% on Friday. IMAC Holdings, Inc. (NASDAQ:BACK) shares jumped 38.6% to $0.1524. Theralink rec