锰矿:CML与天元锰业收购协议的细节公布(11.16)

  • 2016年11月16日 13:24
  • 来源:中国铁合金网

  • 0
  • 关键字:锰矿
[导读]中国铁合金网讯:2016年11月15日北京时间晚上10点,澳大利亚CML矿业公司对外宣布,其和宁夏天元锰业集团签署《股份收购协议》。天元锰业成功收购了CML 矿业公司,CML大股东和其他股东和天元锰业达成一致意见,天元锰业收购了CML所有的股权和资产, CML公司负责人表示这一收购意义...

中国铁合金网讯:2016年11月15日北京时间晚上10点,澳大利亚CML矿业公司对外宣布,其和宁夏天元锰业集团签署《股份收购协议》。天元锰业成功收购了CML 矿业公司,CML大股东和其他股东和天元锰业达成一致意见,天元锰业收购了CML所有的股权和资产,

CML公司负责人表示这一收购意义深远。天元锰业是CML的最大客户,也是世界上最大的电解锰生产商。天元锰业表示愿意投资锰矿基础设施,支持CML的加纳项目。CML认为这将增强CML的锰矿出口能力,满足市场对高品质加纳锰矿的需求。

当然,这一《股份收购协议》的履行有很多前提条件,比如:需要政府批准;持有2020年到期的4亿美元票据的债权人批准;CML的子公司MTL与Grizal公司签署的《承购协议》的履行等。

如果以上条件在6个月内不能实现,《股份收购协议》就会中止。如果出现以上情况,天元锰业和CML可能会协议延长合同履行日期。

天元锰业公司董事长贾天将说:“我们很高兴能够投资CML,希望与现有的管理团队合作,开发CML公司的锰矿项目,为股东创造利润。”

CML公司的股东Gennadiy Bogolyubov说:“天元锰业投资CML,我很高兴。天元锰业是CML的最大客户,在行业内有丰富经验。我相信天元锰业收购之后,CML将会准确定位,取得下一个阶段的增长。”

(编辑:陈振僧,13520860497。根据国外网站内容编译,仅供参考。)

Consolidated Minerals acquired by the world’s largest electrolytic manganese metals producer

Consolidated Minerals is pleased to announce that it has been agreed that it will be acquired by the world’s largest electrolytic manganese metals producer
On 15 November 2016, Consolidated Minerals’ (“Consmin”, the “Group” or the “Company”) ultimate beneficial owner and direct shareholders (“Sellers”) entered into a share purchase agreement (“SPA”) with China Tian Yuan Manganese Limited中国天元锰业有限公司 (“Purchaser”), a subsidiary of Ningxia Tianyuan Manganese Industry Co., Ltd. (“TMI”) pursuant to which the Sellers agreed to sell and transfer to the Purchaser all of their respective right and title to both the entire share capital of the Company and the shareholders funding given by them to the Company (the “Transaction”).
The Transaction
The directors of ConsMin believe that the acquisition of the Company by the Purchaser will provide significant benefits to the Company. The Purchaser is a subsidiary of TMI, the Company’s largest customer and the world’s largest electrolytic manganese metals (EMM) producer. TMI has indicated its willingness to invest significant resources in developing the infrastructure supporting ConsMin’s Ghanaian operations. Such investment will allow the Company to further increase the manganese ore export capacity to meet expected increasing demand for Ghanaian quality manganese ore.
The Transaction is conditional upon a number of conditions which are set out in the SPA, including, but not limited to:
certain government consents;
certain consents from the holders of the then outstanding US$400,000,000 8% Senior Secured Notes due 2020 (the “Notes”); and
the execution of an offtake agreement between Manganese Trading Limited (“MTL”), a subsidiary of ConsMin, and Grizal Enterprises Limited (a “Seller” in the Transaction) (“Grizal”) which will become effective simultaneously with completion of the Transaction (the “Offtake Agreement”).
If the conditions to the Transaction are not satisfied or waived within the period of six months from 15 November 2016 (the “Longstop Date”), the SPA shall terminate and the Transaction will not complete. The Purchaser and the ultimate beneficial owner of the Company may agree to extend the Longstop Date. Should the Longstop Date be extended, then the Company shall make a further announcement to include the revised Longstop Date.
The Company intends to solicit holders of the Notes for any required consents by initiating a consent process as soon as practicable.
Offtake Agreement
The Offtake Agreement provides that Grizal may, in its absolute discretion, purchase from MTL, in any calendar year, not more than 600,000 MT +/- 10% of Ghanaian Manganese Ore (the “Product”) for a period of ten (10) years from completion of the Transaction, subject to the terms and conditions of the Offtake Agreement. The provisional price for the Product is based upon market rates, subject to a discount depending on price achieved and deductions based on quality of the delivered Product.
Mr Tianjiang Jia, the President of TMI said, “We are excited to invest in Consolidated Minerals and look forward to partnering with the existing management team in developing the company’s operations for the benefit of all stakeholders”.
Mr Gennadiy Bogolyubov, the ultimate beneficial owner of the Company added, “I am delighted that TMI wish to invest in ConsMin. TMI, as ConsMin’s largest customer, has extensive experience in this industry and I believe that ConsMin will be well-positioned to achieve its next phase of growth and development under the ownership of TMI after the Transaction.”
About Consolidated Minerals Limited
Consmin is a leading manganese ore producer with mining assets in Australia and Ghana. The principal activities of the Company and its subsidiaries (the “Group”) are the exploration, mining, processing and sale of manganese products. The Group’s operations are primarily conducted through four major operating/trading subsidiaries: Consolidated Minerals Pty Limited (Australia), Ghana Manganese Company Limited (Ghana), Manganese Trading Limited (Jersey) and Pilbara Trading Limited (Jersey).

 

  • [责任编辑:Chen Zhen Seng]

评论内容

请登录后评论!   登录   注册
请先登录再评论!