08:30:35 EDT Fri 29 Mar 2024
Enter Symbol
or Name
USA
CA



Thompson Creek Metals Company Inc
Symbol TCM
Shares Issued 171,726,065
Close 2014-06-24 C$ 3.06
Market Cap C$ 525,481,759
Recent Sedar Documents

Thompson Creek accepts 7.2 million units for exchange

2014-06-25 07:06 ET - News Release

Ms. Pamela Solly reports

THOMPSON CREEK ANNOUNCES RESULTS OF ITS PREVIOUSLY ANNOUNCED EXCHANGE OFFER OF COMMON STOCK FOR ITS 6.50% TANGIBLE EQUITY UNITS

Thompson Creek Metals Company Inc. released today the results of its offer to exchange any and all of its 6.50-per-cent tangible equity units (Cusip No. 884768 300; ISIN CA8847683007) for shares of its common stock.

The exchange offer expired at 11:59 p.m. (New York time) on June 24, 2014. According to information provided by the information agent, Global Bondholder Services Corp., 7,206,862 units, or 86.4 per cent, of the TMEDS were tendered for exchange, and accepted by the company, in the exchange offer. Of this amount, 7,139,069 units were tendered prior to the deadline and will settle on June 25, 2014, and 67,793 units were tendered by notice of guaranteed delivery and will settle on June 30, 2014. In exchange for the tendered TMEDS, the company will issue 42,129,829 shares of its common stock (compared with approximately 38,829,852 shares, which would have been issued with respect to such TMEDS on May 15, 2015, pursuant to the mandatory conversion of the TMEDS on such date). Upon expiration of the exchange offer, 1,133,138 TMEDS were not exchanged and remain outstanding. Such TMEDS will continue to be held pursuant to their original terms and conditions, including mandatory conversion on May 15, 2015. The company intends to file promptly an application on Form 25 to notify the Securities and Exchange Commission of its withdrawal of any and all units of TMEDS that remain outstanding following settlement of the exchange offer. The company expects that the delisting of its TMEDS will become effective 10 days thereafter. The company does not intend to relist its TMEDS on another securities exchange, but expects that the TMEDS will be quoted on one or more over-the-counter markets.

This news release is for informational purposes only and is neither an offer to exchange, purchase nor a solicitation of an offer to sell any TMEDS. The exchange offer was made solely pursuant to a Schedule TO and accompanying offer to exchange and letter of transmittal, filed with the SEC on May 21, 2014, each as amended. The exchange offer was not made to holders in any jurisdiction in which the making or acceptance thereof would not be in compliance with the securities, blue-sky or other laws of such jurisdiction.

The common stock is being issued pursuant to an exemption from the registration requirements of the Securities Act of 1933, as amended, provided by Section 3(a)(9) of the Securities Act, and the exemption from state securities law requirements provided by Section 18(b)(4) of the Securities Act.

We seek Safe Harbor.

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