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Shares of PolyMet Mining Corp. (NYSEAMERICAN:PLM - Get Free Report) (TSE: POM) crossed below its two hundred day moving average during trading on Tuesday. The stock has a two hundred day moving average of $2.10 and traded as low as $2.10. PolyMet Mining shares last traded at $2.10, with a volume of 486,700 shares trading
PolyMet Mining Corp. (NYSEAMERICAN:PLM - Get Free Report) (TSE: POM)'s stock price passed below its 200-day moving average during trading on Monday. The stock has a 200-day moving average of $2.10 and traded as low as $2.10. PolyMet Mining shares last traded at $2.10, with a volume of 486,700 shares trading hands. PolyMet Mining Price
OPmobility, a world leader in sustainable mobility, is adopting Teamcenter X, the cloud-enabled Product Lifecycle Management (PLM) software from the Siemens Xcelerator portfolio OPmobility will use Teamcenter as its single backbone, helping to optimize work efficiency and project lead-times and contribute to the transformation of the product design processes in a rapidly changing automotive industry PLANO, Texas , March 12, 2025 /PRNewswire/ -- Siemens announced today that OPmobility is partnering with Siemens to adopt its Teamcenter® X Product Lifecycle Management software. OPmobility's increasingly complex products now include electronics and software, to create intelligent exterior and complex lighting systems, as well as energy storage systems, which include battery and hydrogen electrification solutions in addition to fuel tanks.
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 outstanding common shares of PolyMet that Glencore did not already own (the "Minority Shares") for US$2.11 in cash, per Minority Share.
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 approximately 17.82% of the issued and outstanding common shares of PolyMet that Glencore did not already own (the "Minority Shares") for US$2.11 in cash, per Minority Share.
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 shares of the Company ("Common Shares") that Glencore does not currently own (the "Minority Shares") for US$2.11 in cash per Minority Share (the "Consideration").
PolyMet's Unconflicted Board of Directors recommends Minority Shareholders vote FOR the Arrangement Both leading independent proxy advisors, ISS and Glass Lewis, recommend shareholders vote in favor of the transaction Shareholders 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 assistance@laurelhill.com St. Paul, Minnesota--(Newsfile Corp. - October 27, 2023) - PolyMet Mining Corp. (TSX: POM) (NYSE American: PLM) ("PolyMet" or the "Company") is reminding shareholders to vote FOR the plan of arrangement (the "Arrangement") with Glencore AG ("Glencore") whereby, among other things, Glencore will acquire the approximately 17.8% of the issued and outstanding common shares of PolyMet that Glencore does not currently own (the "Minority Shares") in exchange for US$2.11 per share.
Unanimous support from the Board of Directors to acquire the remaining approximately 17.8% A 167% premium to the day prior to the offer For 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.com St. 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 associated meeting materials (collectively, the "Meeting Materials") in connection with the previously announced statutory plan of arrangement (the "Arrangement") which provides, among other things, that Glencore AG ("Glencore") will acquire the approximately 17.8% of the issued and outstanding common shares of PolyMet that Glencore does not currently own (the "Minority Shares") for US$2.11 in cash per share (the "Consideration"). Board of Directors' Recommendations and Rationale for Arrangement The Board of Directors of the Company (the "Board") (excluding conflicted directors), unanimously determined that the Arrangement is in the best interests of the Company and fair to the holders of Minority Shares and recommends that the holders of Minority Shares (the "Minority Shareholders") vote in favor of the resolution relating to the Arrangement at the Special Meeting of Shareholders.
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 work program associated with the NewRange Copper Nickel joint venture and certain other corporate activities.
(Kitco News) - PolyMet said the consideration represents a 167% premium to the unaffected share price on June 30, 2023.
Polymet Mining Corp (TSX:POM) has accepted Glencore PLC (LSE:GLEN)'s proposal to purchase the remaining 18% stake in the company for approximately $73 million, according to reports on Monday. The offer from Glencore, which amounted to $2.11 per share in cash, caused PolyMet's stock to more than double earlier in July.
PolyMet Mining Corp. POM, +3.86% PLM, +3.54% said Monday it agreed to a buyout price of $2.11 per share from Glencore AG after a review of the offer by an independent special committee of its board of directors. Glencore is buying the 17.8% of PolyMet stock is does not own.
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, 2023 Special 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 of an independent special committee of its board of directors (the "Special Committee"), it has entered into a definitive agreement (the "Agreement") with Glencore AG ("Glencore"), in respect of a transaction whereby Glencore will acquire the approximately 17.8% of the issued and outstanding common shares of the company that Glencore does not currently own (the "Minority Shares") for US$2.11 in cash per share (the "Consideration"), subject to approval by PolyMet shareholders, court approval and other customary closing conditions (the "Transaction"). The Transaction has several benefits for shareholders of PolyMet other than Glencore (the "Minority Shareholders") including: Significant Premium: The Consideration represents a 167% premium to the unaffected share price on June 30, 2023, being the last trading day prior to the announcement of Glencore's non-binding proposal to acquire PolyMet.
(Kitco News) - On Monday, PolyMet Mining (TSX: POM) (NYSE: PLM) announced that it received a non-binding proposal from Glencore to acquire all outstanding shares of PolyMet that it does not already own for cash consideration of US$2.11 per share.
US mining company Polymet Mining Corp (TSX:POM) saw its stock continue to climb on Tuesday after Swiss commodities giant Glencore PLC (LSE:GLEN) announced its intention to acquire full ownership of the copper miner. Glencore already holds an 82% stake in PolyMet and offered approximately $71 million to raise its ownership to 100% -- effectively taking it private.
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PolyMet focuses on the exploration and development of natural resource properties. The company signed an agreement with Teck Resources Ltd to develop mining projects in Minnesota.
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