PolyMet Mining announces that it has completed the transactions contemplated by the previously announced statutory plan of arrangement under Part 9, Division 5 of the Business Corporations Act involving the Company and Glencore AG. Pursuant to the Arrangement, Glencore acquired the approximately 17.82% of the issued and outstanding common shares of [...]
PolyMet Mining announces that the Supreme Court of BC has granted the final order in connection with the previously announced statutory plan of arrangement under Part 9, Division 5 of the Business Corporations Act involving the Company and Glencore AG. Pursuant to the Arrangement, Glencore will acquire the approximately 17.82% of the issued and [...]
PolyMet Mining announces that shareholders of PolyMet approved the previously announced plan of arrangement with Glencore AG at a special meeting of PolyMet shareholders held earlier today. At the Meeting, Shareholders voted to approve the acquisition by Glencore of all of the issued and outstanding common shares of the Company that Glencore does [...]
PolyMet's Unconflicted Board of Directors recommends Minority Shareholders vote FOR the Arrangement Both leading independent proxy advisors, ISS and Glass Lewis, recommend shareholders vote in favor of the transaction Shareholders are encouraged to vote in advance of the proxy deadline on Oct 30, 2023, at 12:00 p.m. Shareholders who have questions [...]
ISS finds "significant premium of 167%", consideration of alternatives, and the risks of non-approval as its basis for supporting the all-cash transaction Glass Lewis cites the certainty and liquidity of cash, safeguarding of minority shareholder interests, and compelling premium as rationale for its endorsement Shareholders are encouraged to vote [...]
PolyMet Mining Corp.announced the filing of PolyMet's Management Information Circular and associated meeting materials in connection with the previously announced statutory plan of arrangement which provides, among other things, that Glencore AG will acquire the approximately 17.8% of the issued and outstanding common shares of PolyMet that [...]
PolyMet Mining Corp. announced today that the Supreme Court of British Columbia has granted an interim order in connection with the previously announced statutory plan of arrangement under Part 9, Division 5 of the Business Corporations Act, pursuant to which, among other things and subject to the satisfaction or waiver of all applicable conditions [...]
PolyMet Mining reports its financial results for the three and six months ended June 30, 2023. The company experienced three significant events during the period: Completed an offering of rights to shareholders of common shares of the company raising approximately $195M in gross proceeds to repay outstanding debt, fund PolyMet's share of the work [...]
Poly Met Mining announced that the Minnesota Supreme Court, in a decision released today, sent NewRange Copper Nickel's water discharge permit for the NorthMet project back to the Minnesota Pollution Control Agency for further clarification and documentation. NewRange responded in its own news release today that it "looks forward to working with [...]
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 PolyMet Mining Corp. announced today that, based [...]
PolyMet Mining Corp. announced today that its independent Special Committee of PolyMet's Board of Directors received a non-binding proposal from Glencore AG to acquire all outstanding shares of PolyMet that it does not already own for cash consideration of US$2.11 per share, subject to certain conditions, including the entering into of a definitive [...]
The board of directors of PolyMet Mining Corp. 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 [...]
