Greenwood Village, CO, February 05, 2013 /FSC/ - Molycorp, Inc (NYSE: MCP), today announced that its Board of Directors has elected to declare a cash dividend on outstanding shares of its 5.50% Series A mandatory convertible preferred stock in an amount equal to $1.375 per share. Molycorp will pay the dividend on March 1, 2013 to the holders of record of shares of Series A mandatory convertible preferred stock at the close of business on February 15, 2013. As of February 5, 2013, there were a total of 2,070,000 shares of Series A mandatory convertible preferred stock outstanding.
For More Information:
Molycorp, Inc Jim Sims, +1 (303) 843-8062 Vice President Corporate Communications Jim.Sims@Molycorp.com or
Brian Blackman, +1 (303) 843-8067 Senior Manager, Investor Relations Brian.Blackman@Molycorp.com
ABOUT MOLYCORP, INC.
One of the world's leading manufacturers of custom engineered rare earth and rare metal products, Molycorp is vertically integrated from its world-class rare earth resource to its advanced downstream processing facilities. With 26 locations across 11 countries, the Company also produces rare earth magnetic materials through its Molycorp Magnequench subsidiary, including neodymium-iron-boron (NdFeB) magnet powders, used to manufacture bonded NdFeB permanent rare earth magnets. Through its Intermetallics Japan joint venture with Daido Steel and the Mitsubishi Corporation, Molycorp manufactures next-generation, sintered NdFeB permanent rare earth magnets. Through its Molycorp Advanced Water Technologies subsidiary, the Company markets and sells its proprietary, cerium-based advanced water purification technology called SorbX(tm) for use in municipal and industrial wastewater treatment, recreational water, and pool and spa water treatment markets. For more information please visit www.molycorp.com.
Für den Inhalt des Beitrages ist allein der Autor verantwortlich bzw. die aufgeführte Quelle. Bild- oder Filmrechte liegen beim Autor/Quelle bzw. bei der vom ihm benannten Quelle. Bei Übersetzungen können Fehler nicht ausgeschlossen werden. Der vertretene Standpunkt eines Autors spiegelt generell nicht die Meinung des Webseiten-Betreibers wieder. Mittels der Veröffentlichung will dieser lediglich ein pluralistisches Meinungsbild darstellen. Direkte oder indirekte Aussagen in einem Beitrag stellen keinerlei Aufforderung zum Kauf-/Verkauf von Wertpapieren dar. Wir wehren uns gegen jede Form von Hass, Diskriminierung und Verletzung der Menschenwürde. Beachten Sie bitte auch unsere AGB/Disclaimer!
Greenwood Village, CO, February 05, 2013 /FSC/ - Molycorp, Inc (NYSE: MCP), today announced that its Board of Directors has elected to declare a cash dividend on outstanding shares of its 5.50% Series A mandatory convertible preferred stock in an amount equal to $1.375 per share. Molycorp will pay the dividend on March 1, 2013 to the holders of record of shares of Series A mandatory convertible preferred stock at the close of business on February 15, 2013. As of February 5, 2013, there were a total of 2,070,000 shares of Series A mandatory convertible preferred stock outstanding.
