Brief: Polymet Says Glencore Agreed To Exercise Its Basic Subscription Right In Full

Polymet Mining

27/06/2019 13:54

June 27 (Reuters) - Polymet Mining Corp  POM.TO :
    * 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:  ID:nBw5YJ7Cla 
Further company coverage:  POM.TO 

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