AMG Critical Materials N.V.
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Publicatie datum
08 dec 2009 - 23:37
Statutaire naam
AMG Critical Materials N.V.
Titel
AMG AFFILIATE TIMMINCO SETTLES OUTSTANDING PAYABLE THROUGH ISSUANCE OF SHARES
Bericht
Amsterdam, 8 December 2009 --- AMG Advanced Metallurgical Group N.V.’s (“AMG,”
EURONEXT AMSTERDAM: “AMG”) 46.0% owned affiliate, Timminco Limited
(“Timminco”; TSX: TIM) announced today that it has agreed to issue approximately
900,000 common shares, representing approximately 0.6% of Timminco’s current issued
and outstanding shares, as full and final settlement of approximately $1.2 million in
outstanding payments due to a supplier of services for the silicon metal operations of its
wholly-owned subsidiary, Bécancour Silicon Inc. The issuance of these common shares
is subject to receipt of all necessary regulatory approvals, including approval of the
Toronto Stock Exchange.
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