VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 03/01/12 -- Trevali Mining Corporation ('Trevali' or the 'Company') (TSX: TV)(TSX: TV.WT)(OTCQX: TREVF)(LMA: TV)(FRANKFURT: 4TI) is pleased to announce that it has entered into a subscription agreement with a wholly-owned subsidiary of Glencore International Plc ('Glencore'), to sell by way of non-brokered private placement (the 'Private Placement') 12,620,282 common shares in the capital of the Company (the 'Common Shares') at CAD$1.42 (US$1.4263) per share for total proceeds of US$18 million.
Glencore International plc announced today that its wholly-owned subsidiary, Glencore AG, has entered into a subscription agreement dated November 30, 2011 with PolyMet Mining Corp. to purchase by way of private placement 13,333,333 common shares of PolyMet and warrants to purchase up to an aggregate of 2.6 million Shares at US$1.50 per share, exercisable from time to time until 5:00 pm on December 31, 2015. The [...]
Glencore AG announced today that it has entered into an agreement with PolyMet Mining Corp. to purchase by way of private placement 15 million common shares of PolyMet at US$2.00 per Share for an aggregate purchase price of US$30 million. Closing of the Share Purchase is expected to occur in three separate closings, each for 5 million Shares for a purchase price of US$10 million. A closing will occur on or before each of [...]
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