London Mining Plc
OSL:LOND ISIN:GB00B1VZK334
News
London Mining Plc (OSL:LOND) The Return of Cash, which was approved by Shareholders on 10 November 2008, provided Shareholders with two alternatives in relation to their Ordinary Shares: (i) to elect to receive B Shares on which they will receive the B Share Dividend of 200 pence per B Share following which the B Shares will become Deferred Shares; or (ii) subject to scaling back, to elect to receive C Shares which will be redeemed by the Company for a redemption price of 200 pence per C Share.
London Mining Plc (OSL:LOND) London Mining plc ("London Mining") announces that the resolution to implement the Return of Cash was carried by the requisite majority voting by way of a poll at the General Meeting held earlier today.
London Mining Plc (OSL:LOND) On 17 October 2008, London Mining plc ("London Mining") announced that it had posted a circular to Shareholders setting out the details of its proposed Return of Cash to Shareholders of 200 pence per Ordinary Share (the "Circular").
London Mining Plc (OSL:LOND) London Mining has issued 150,000 new shares to Dr. Colin Knight, the Chairman of the Board and primary insider of London Mining, related to Mr. Knight's conversion of 150,000 warrants at 20 pence.
London Mining Plc (OSL:LOND) London Mining plc (the "Company" or "London Mining") announces that it has today posted a circular to its Shareholders (the "Circular") and is convening a General Meeting to be held on 10 November 2008 to obtain Shareholder approval for the proposed Return of Cash to Shareholders of 200 pence per Ordinary Share.
London Mining Plc (OSL:LOND) Please find enclosed London Mining`s updated company presentation made by Graeme Hossie, London Mining's Corporate Development & Deputy Managing Director, at the 55th Minesite Forum in London, UK, today, Tuesday 14 October 2008.
London Mining Plc (OSL:LOND) Due to Kaupthing's financial difficulties, the bank is no longer able to fulfill its obligations in accordance with the market making agreement entered into on 30 January 2008. The agreement with London Mining has thus been discontinued.
London Mining Plc (OSL:LOND) London, 3rd October 2008. London Mining is pleased to announce the proposed structure (via a B and C share scheme) for the return of 200 pence per ordinary share to shareholders as a result of the recent sale of its Brazilian operations to Arcelor Mittal for USD809.9 million. This capital return equates to GBP212.6 million based on the currently issued 106,283,795 ordinary shares and GBP219 million if all 3,250,000 outstanding warrants that have vested are exercised as well.
London Mining Plc (OSL:LOND) London Mining announces today the purchase of 20% of International Coal Company Ltd. (ICC) for an aggregate consideration of $5m, with first rights of refusal to invest further capital. ICC is a Cayman Islands incorporated company with operations in Colombia, South America. ICC's strategy is to become a fully integrated developer of coal properties for the international steel and energy markets. The company's focus has been on acquiring concession interests in metallurgical coal districts in Colombia with good logistics and access to transportation infrastructure for the seaborne market. ICC has assembled an attractive portfolio of metallurgical coal exploration and development properties as well as a coke oven battery project which is currently under development. ICC has secured and will continue to expand the supply of metallurgical coal for its coke oven battery from local small miners while it develops its metallurgical coal properties nearby. Mr ...
London Mining Plc (OSL:LOND) The Information Document prepared in connection with the sale of the Company's Brazilian operations to ArcelorMittal (as announced on 20 August 2008) has been reviewed by the Oslo Stock Exchange.
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