Go to content
AMG Critical Materials N.V.

AMG Critical Materials N.V.

Hieronder vindt u informatie uit het register openbaarmaking voorwetenschap. Deze informatie is door de organisatie verstrekt.

Publicatie datum 21 mei 2010 - 18:13
Statutaire naam AMG Critical Materials N.V.
Titel AMG affiliate Timminco completes second tranche of equity financing
Bericht Amsterdam, 21 May 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 13, 2010, it has completed the second of three tranches of its private placement equity offering, which is expected to generate total gross proceeds of approximately C$13.1 million. The second tranche of approximately 9.0 million common shares was issued at a price of C$0.65 per share for gross proceeds of approximately C$5.8 million. AMG acquired approximately 4.2 million common shares with the remaining shares issued to other investors. As a result, AMG now owns approximately 79.1 million common shares of Timminco, representing approximately 41.1% of Timminco's total issued and outstanding shares.