Glencore Completes Acquisition of PolyMet
St. Paul, Minnesota--(Newsfile Corp. - November 7, 2023) - PolyMet Mining Corp. (TSX: POM) (NYSE American: PLM) ("PolyMet" or the "Company") 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 (British Columbia) (the "Arrangement") involving the Company and Glencore AG ("Glencore"). Pursuant to the Arrangement, Glencore acquired the approximately 17.82% of the issued...
2023-11-07 7:30 AM EST
PolyMet Receives Final Order for Arrangement with Glencore
St. Paul, Minnesota--(Newsfile Corp. - November 3, 2023) - PolyMet Mining Corp. ("PolyMet" or the "Company") (TSX: POM) (NYSE American: PLM) announces that the Supreme Court of British Columbia 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 (British Columbia) (the "Arrangement") involving the Company and Glencore AG ("Glencore"). Pursuant to the Arrangement, Glencore will acquire...
2023-11-03 2:53 PM EDT
PolyMet Shareholders Approve Plan of Arrangement with Glencore
St. Paul, Minnesota--(Newsfile Corp. - November 1, 2023) - PolyMet Mining Corp. (TSX: POM) (NYSE American: PLM) ("PolyMet" or the "Company") announces that shareholders of PolyMet approved the previously announced plan of arrangement (the "Arrangement") with Glencore AG ("Glencore") at a special meeting (the "Meeting") of PolyMet shareholders ("Shareholders") held earlier today.At the Meeting, Shareholders voted to approve the acquisition by Glencore of all of the issued and outstanding...
2023-11-01 5:03 PM EDT
PolyMet Shareholders to Vote on Arrangement with Glencore
Paul, Minnesota--(Newsfile Corp. - October 27, 2023) - PolyMet Mining...
2023-10-27 7:30 AM EDT
ISS and Glass Lewis Recommend Polymet Mining Shareholders Vote FOR the Arrangement with Glencore
St. Paul, Minnesota--(Newsfile Corp. - October 16, 2023) - PolyMet Mining Corp. (TSX: POM) (NYSE American: PLM) ("PolyMet"...
2023-10-16 8:00 AM EDT
PolyMet files Management Information Circular to consider the US$2.11 per share Glencore proposal
Paul, Minnesota--(Newsfile Corp. - October 2, 2023) - PolyMet Mining Corp. (TSX: POM) (NYSE American: PLM) ("PolyMet" or the "Company") announced today the filing of PolyMet's Management Information Circular (the "Circular") and...
2023-10-02 7:30 AM EDT
PolyMet Receives Interim Order for Proposed Arrangement with Glencore and Provides Details of Shareholders' Meeting
St. Paul, Minnesota--(Newsfile Corp. - September 28, 2023) - PolyMet Mining Corp. (TSX: POM) (NYSE American: PLM) ("PolyMet" or the "Company") announced today that the Supreme Court of British Columbia (the "Court") has granted an interim order (the "Interim Order") in connection with the previously announced statutory plan of arrangement under Part 9, Division 5 of the Business Corporations Act (British Columbia), pursuant to which, among other things and subject to the satisfaction or...
2023-09-28 7:30 AM EDT
PolyMet Mining reports results for period ended June 30, 2023
St. Paul, Minnesota--(Newsfile Corp. - August 10, 2023) - PolyMet Mining Corp. (TSX: POM) (NYSE American: PLM) ("PolyMet" or the "company"), today 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 (the "Rights Offering") to repay outstanding debt, fund PolyMet's share of the...
2023-08-10 7:00 PM EDT
NorthMet Water Discharge Permit remanded to MPCA for additional review
St. Paul, Minnesota--(Newsfile Corp. - August 2, 2023) - Poly Met Mining Corp. (TSX: POM) (NYSE American: PLM) ("PolyMet" or the "company") 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 the respective state,...
2023-08-02 4:23 PM EDT
PolyMet Enters into Definitive Agreement for Glencore to Acquire Full Ownership
St. Paul, Minnesota--(Newsfile Corp. - July 17, 2023) - PolyMet Mining Corp. (TSX: POM) (NYSE American: PLM) ("PolyMet" or the "company") announced today that, based on the unanimous recommendation of an...
2023-07-17 7:46 AM EDT
PolyMet Receives Non-Binding Proposal to Go Private
St. Paul, Minnesota--(Newsfile Corp. - July 3, 2023) - PolyMet Mining Corp. (TSX: POM) (NYSE American: PLM) ("PolyMet" or the "company") announced today that its independent Special Committee (the "Special Committee") of PolyMet's Board of Directors received a non-binding proposal from Glencore AG ("Glencore") 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...
2023-07-03 7:32 AM EDT
PolyMet Releases Voting Results of Annual Shareholder Meeting
St. Paul, Minnesota--(Newsfile Corp. - June 14, 2023) - The board of directors of PolyMet Mining Corp. (TSX: POM) (NYSE American: PLM) ("PolyMet" or the "company") 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, 90.75% of the eligible shares...
2023-06-14 8:05 PM EDT
PolyMet reacts to Corps of Engineers decision on NorthMet section 404 permit
St. Paul, Minnesota--(Newsfile Corp. - June 6, 2023) - Poly Met Mining Corp. (TSX: POM) (NYSE American: PLM) ("PolyMet" or the "company"), shares the following statement issued today by NewRange Copper Nickel LLC ("NewRange") regarding the revocation of NorthMet's Clean Water Act section 404 permit by the U.S. Army Corps of Engineers:"Today's decision by the U.S. Army Corps of Engineers is reversal of thoroughly reviewed water quality data that has been collected and assessed over the last...
2023-06-06 7:19 PM EDT
PolyMet Announces Site Readiness Initiative For NorthMet Project
St. Paul, Minnesota--(Newsfile Corp. - May 30, 2023) - PolyMet Mining Corp. (TSX: POM) (NYSE American: PLM) ("PolyMet" or the "company"), announces its NewRange Copper Nickel joint venture ("NewRange") has commenced work at NorthMet to ready the site for construction when the clean energy minerals project is approved.Estimated to cost US$18M, the work program focuses on preparing the plant site for construction by removing and salvaging steel and other material from the pre-existing...
2023-05-30 10:47 AM EDT
PolyMet Mining reports results for period ended March 31, 2023
St. Paul, Minnesota--(Newsfile Corp. - May 11, 2023) - PolyMet Mining Corp. (TSX: POM) (NYSE American: PLM) ("PolyMet" or the "company") today reports its financial results for the period ended March 31, 2023 and provides a business update.The company achieved three major milestones during the period:Closed on the joint venture agreement (the "Joint Venture") with Teck Resources Limited ("Teck"). Under the Joint Venture, named NewRange Copper Nickel LLC ("NewRange Copper Nickel"), the...
2023-05-11 6:00 PM EDT
PolyMet closes successful rights offering
St. Paul, Minnesota--(Newsfile Corp. - April 10, 2023) - PolyMet Mining Corp. (TSX: POM) (NYSE American: PLM) ("PolyMet" or the "company") announces the successful completion of its rights offering, which expired at 5:00 p.m. (Toronto time) on April 4, 2023. The company issued the full allotment of 92,606,635 common shares pursuant to the rights offering for gross proceeds of approximately US$195 million. The proceeds of the rights offering and standby commitment have been used to repay all...
2023-04-10 7:15 AM EDT
PolyMet announces preliminary results for rights offering
St. Paul, Minnesota--(Newsfile Corp. - April 5, 2023) - PolyMet Mining Corp. (TSX: POM) (NYSE American: PLM) ("PolyMet" or the "company") today announced preliminary results that indicate successful conclusion of its approximately US$195 million rights offering following the expiration of the subscription period, at 5:00 p.m. (Toronto time) on April 4, 2023. The company intends to use the net proceeds of the rights offering and standby commitment for: (a) repayment of costs related to the...
2023-04-05 7:00 AM EDT
PolyMet Mining Reports Results for Year Ended December 31, 2022
St. Paul, Minnesota--(Newsfile Corp. - March 23, 2023) - PolyMet Mining Corp. (TSX: POM) (NYSE American: PLM) ("PolyMet" or the "company"), today reports it has filed its financial results for the year ended December 31, 2022 and provides a first quarter 2023 business update.During 2022 and Q1 2023, PolyMet:Entered into a joint venture agreement (the "Joint Venture") with Teck American Inc., a subsidiary of Teck Resources Limited ("Teck"), which closed February 14, 2023. Under the Joint...
2023-03-23 5:30 PM EDT
PolyMet announces commencement of the Rights Offering and trading dates
St. Paul, Minnesota--(Newsfile Corp. - March 13, 2023) - PolyMet Mining Corp. (TSX: POM) (NYSE American: PLM) ("PolyMet" or the "company") has commenced its previously announced offering of rights ("Rights") to purchase common shares of the company ("Common Shares") to raise US$195,400,000 in gross proceeds (the "Rights Offering"). The Rights trade on the Toronto Stock Exchange ("TSX") under the symbol "POM.RT" and will cease trading on the TSX at noon (Toronto time) on April 4, 2023. The...
2023-03-13 7:54 AM EDT
PolyMet Announces Filing of a Rights Offering Circular
St. Paul, Minnesota--(Newsfile Corp. - February 27, 2023) - PolyMet Mining Corp. (TSX: POM) (NYSE American: PLM) ("PolyMet" or the "company") today announced that it has filed a rights offering circular (the "Circular") and rights offering notice (the "Notice") with respect to PolyMet's previously announced offering (the "Rights Offering") of rights ("Rights") to holders of common shares ("Common Shares") of record as of the close of markets on March 10, 2023 (the "Record Date").Pursuant to...
2023-02-27 7:40 AM EST