AMG Advanced Metallurgical Group N.V.

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  • Registration date 14 jun 2010 - 16:57
  • Statutory name AMG Advanced Metallurgical Group N.V.
  • Title AMG affiliate Timminco completes third tranche of equity financing
  • Comments Amsterdam, 14 June 2010 --- AMG Advanced Metallurgical Group N.V.’s (“AMG”, EURONEXT AMSTERDAM: “AMG”) affiliate Timminco Limited (“Timminco”; TSX: TIM) announced today that, further to its news release of May 21, 2010, it has completed the third and final tranche of its private placement equity offering, which generated total gross proceeds of approximately C$13.1 million. The third tranche of approximately 4.1 million common shares was issued at a price of C$0.65 per share for gross proceeds of approximately C$2.6 million. All of the common shares under this third tranche were issued to AMG. As a result, AMG now owns approximately 83.1 million common shares of Timminco, representing 42.5% of Timminco’s total issued and outstanding shares.

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201006140000000016_AMG affiliate Timminco completes third tranche of equity financing.pdf

Date last update: 03 December 2021

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