Stillwater Mining Company today announced an extension of the expiration of their previously announced tender offer with respect to the right of each holder of the Company’s 1.75% Convertible Senior Notes due 2032 at the Holder’s option, to require the Company to repurchase for cash such Holder’s Notes, or any portion of the [...]
Stillwater Mining today announced that it has completed its merger with an indirect wholly-owned subsidiary of Sibanye Gold, pursuant to which Sibanye acquired Stillwater for $18.00 per share in cash. Commenting on the transaction, Mick McMullen, Stillwater’s President and Chief Executive Officer stated, “I am grateful for the hard work [...]
Stillwater Mining today announced that its shareholders adopted the merger agreement with Sibanye Gold at Stillwater’s annual shareholder meeting. In addition, Sibanye earlier today announced that its shareholders approved the transaction and the related issuance of shares by Sibanye in a rights offering. Stillwater shareholders owning a [...]
Stillwater Mining Company today announced that it has notified the New York Stock Exchange of its intention to delist its common stock, par value $0.01 per share, from the NYSE in the event of the consummation of the transactions contemplated by the Agreement and Plan of Merger, dated December 9, 2016, among Stillwater, Sibanye Gold, Thor US Holdco [...]
Stillwater Mining today announced that it has been informed that the review by the Committee on Foreign Investment in the United States related to the proposed acquisition of the Company by Sibanye has been completed, and there are no unresolved national security issues with respect to the transaction. The closing of the transaction remains subject [...]
Stillwater Mining today reported financial results for the quarter and year ended December 31, 2016. Fourth Quarter 2016 Highlights: Announced proposed acquisition of Stillwater by Sibanye Gold for USD$18 per share in cash PGM mined sales of 134,500 ounces, an increase of 11.8% from 120,300 ounces sold during the fourth quarter of 2015 Costs of [...]
Stillwater Mining will release its fourth quarter and full-year 2016 financial results before the United States financial markets open on Thursday, February 16, 2017. The Company will conduct a conference call to discuss results the same day at approximately 12:00 noon Eastern Standard Time. Dial-In Numbers: United States: (877) 407-8037 [...]
Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Stillwater Mining Companyfor possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Sibanye Gold. Click here to learn more, or call: 877-534-2590. There is no cost or [...]
Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Stillwater Mining for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Sibanye Gold. Click here to learn more, or call: 877-534-2590. There is no cost or [...]
Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti are investigating the proposed sale of Stillwater Mining to Sibanye Gold. Under the terms of the proposed transaction, shareholders of Stillwater will receive only $18.0 in cash for each share of Stillwater that they own. KSF is seeking to [...]
Stillwater Mining today announced that it has entered into an agreement with Sibanye Gold, under which Sibanye will acquire Stillwater for $18.00 per share in cash representing an aggregate enterprise value of $2.2 billion. The $18.00 per share transaction price represents a 61% premium to Stillwater's volume-weighted average share price over the [...]
Stillwater Mining announced today that Mick McMullen, the Company’s President and Chief Executive Officer will participate in the Goldman Sachs Annual Metals and Mining Conference in New York City on November 16, 2016. The presentation will begin at approximately 3:15 p.m. (EST). A live webcast of the presentation may be accessed through the [...]
