PolyMet Mining Corp. News Releases

Glencore Completes Acquisition of PolyMet

Tue, 07 Nov 2023 07:30:00 -0500

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 and...

PolyMet Receives Final Order for Arrangement with Glencore

Fri, 03 Nov 2023 14:53:00 -0400

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 the...

PolyMet Shareholders Approve Plan of Arrangement with Glencore

Wed, 01 Nov 2023 17:03:00 -0400

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 common...

PolyMet Shareholders to Vote on Arrangement with Glencore

Fri, 27 Oct 2023 07:30:00 -0400

PolyMet's Unconflicted Board of Directors recommends Minority Shareholders vote FOR the ArrangementBoth leading independent proxy advisors, ISS and Glass Lewis, recommend shareholders vote in favor of the transactionShareholders are encouraged to vote in advance of the proxy deadline on October 30, 2023, at 12:00 p.m. (Eastern Time)Shareholders who have questions or need assistance with voting their shares can contact Laurel Hill Advisory Group at 1-877-452-7184 or by e-mail at...

ISS and Glass Lewis Recommend Polymet Mining Shareholders Vote FOR the Arrangement with Glencore

Mon, 16 Oct 2023 08:00:00 -0400

ISS finds "significant premium of 167%", consideration of alternatives, and the risks of non-approval as its basis for supporting the all-cash transactionGlass Lewis cites the certainty and liquidity of cash, safeguarding of minority shareholder interests, and compelling premium as rationale for its endorsementShareholders are encouraged to vote well in advance of the proxy deadline on October 30, 2023, at 12:00 p.m. (Eastern Time)St. Paul, Minnesota--(Newsfile Corp. - October 16, 2023) -...

PolyMet files Management Information Circular to consider the US$2.11 per share Glencore proposal

Mon, 02 Oct 2023 07:30:00 -0400

Unanimous support from the Board of Directors to acquire the remaining approximately 17.8%A 167% premium to the day prior to the offerFor any shareholder inquiries and voting support contact Laurel Hill Advisory Group North American Toll Free: 1-877-452-7184 (or 416-304-0211 for shareholders outside North America) Email: assistance@laurelhill.comSt. Paul, Minnesota--(Newsfile Corp. - October 2, 2023) - PolyMet Mining Corp. (TSX: POM) (NYSE American: PLM) ("PolyMet" or the "Company") announced...

PolyMet Receives Interim Order for Proposed Arrangement with Glencore and Provides Details of Shareholders' Meeting

Thu, 28 Sep 2023 07:30:00 -0400

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 waiver...

PolyMet Mining reports results for period ended June 30, 2023

Thu, 10 Aug 2023 19:00:00 -0400

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...

NorthMet Water Discharge Permit remanded to MPCA for additional review

Wed, 02 Aug 2023 16:23:00 -0400

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,...

PolyMet Enters into Definitive Agreement for Glencore to Acquire Full Ownership

Mon, 17 Jul 2023 07:46:00 -0400

Transaction provides Minority Shareholders with all-cash consideration of US$2.11 per share and represents a 167% premium to the unaffected closing price on June 30, 2023Special meeting of shareholders expected to be held at the end of the third quarter of 2023 or early in the fourth quarter of 2023 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...