Brief: Final Federal Permit Issued For Polymet Northmet Project

Polymet Mining

22/03/2019 16:32

Polymet Mining Corp  POM.TO :
    * FINAL FEDERAL PERMIT ISSUED FOR POLYMET NORTHMET PROJECT
    * POLYMET MINING CORP - COMPANY ENTERS INTO DEBT EXTENSION
AGREEMENT WITH GLENCORE
    * POLYMET - GLENCORE HAS AGREED TO EXTEND MATURITY DATE OF
DEBT TO
PROVIDE POLYMET TIME TO PREPARE FOR AND COMPLETE A RIGHTS
OFFERING BY JUNE 30, 2019
    * POLYMET MINING - ENTERED EXTENSION AGREEMENT WITH GLENCORE
TO
ABOUT $243 MILLION IN SECURED CONVERTIBLE,NON-CONVERTIBLE DEBT
OWING TO GLENCORE
    * POLYMET MINING CORP - ALSO AGREED TO ISSUE ADDITIONAL
PURCHASE
WARRANTS TO GLENCORE
    * POLYMET MINING CORP - TO MAKE CERTAIN AMENDMENTS TO
EXISTING
EXCHANGE WARRANTS HELD BY GLENCORE
    * POLYMET MINING CORP - U.S. ARMY CORPS OF ENGINEERS HAS
ISSUED
ITS RECORD OF DECISION AND SECTION 404 WETLANDS PERMIT FOR
NORTHMET PROJECT
    * POLYMET MINING CORP - THE $243 MILLION IN SECURED
CONVERTIBLE
AND NON-CONVERTIBLE DEBT OWING TO GLENCORE IS DUE TO MATURE ON
MARCH 31, 2019

Source text for Eikon:  ID:nBw57vLCta 
Further company coverage:  POM.TO