Emed Mining "buy"
EMED Mining is listed on the AIM market (Code: EMED) of the London Stock Exchange and on the Toronto Stock Exchange (Code: EMD).
The Company's region of interest spans from Europe to the Middle East which includes many past centres of mining and under-explored potential for many styles of mineralisation such as volcanogenic-hosted massive sulphide copper-gold, epithermal gold and porphyry copper-gold.http://emed-mining.com/
keine Ursache....
Buran
Download EMED Mining's January 2012 Investor Presentation (1.9MB pdf) or listen to EMED Mining’s Managing Director Harry Anagnostaras-Adams speaking to this presentation at a shareholder briefing in London on 18 January 2012.http://emed-mining.com/presentations/...12-investor-presentation.html
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Branche Versorgung
Herkunft Zypern
Website www.emed-mining.com
RNS Number : 8437W
EMED Mining Public Limited
06 February 2012
AIM: EMED TSX: EMD 6 February 2012
Proposed Subscription, Cost Overrun Support and Off-take Arrangements with Cornerstone Customer
EMED Mining Public Limited ("EMED Mining" or "the Company"), the Europe-based minerals development and exploration company, is pleased to announce that the Company and one of its subsidiaries have entered into conditional agreements with a cornerstone customer Yanggu Xiangguang Copper Co. Ltd ("XGC") for an aggregate funding package of US$30 million (intended as to half in the form of share capital and half in the form of a future standby debt facility) in exchange for a 10% ordinary equity position in EMED Mining (on a fully-diluted basis) and the grant of limited off-take rights over the Rio Tinto Mine's copper production.
Highlights of transaction with XGC
· XGC to provide $15 million equity by way of a subscription for new ordinary shares in the Company at a price of 9 pence per share (or approximately US$0.14) (the "Subscription").
· XGC to conditionally agree to provide or arrange a $15 million subordinated debt facility as required by the providers of senior debt finance (who will be providing the senior debt for the purposes of the restart of operations of the Rio Tinto Mine) (the "Cost Overrun Support").
· The Company's subsidiary, EMED Marketing Limited ("EMED Marketing") has granted XGC off-take rights over 25% of current reported copper reserves, at market prices.
· XGC would complement the existing strong international shareholder base dominated by European, North American and Australian shareholders.
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London (aktiencheck.de AG) - Peter Rose und Juan Alvarez, Analysten von Fox-Davies Capital, stufen die Aktie von Emed Mining (Emed Mining Aktie) unverändert mit dem Rating "buy" ein. Das Kurziel werde bei 0,48 GBP belassen. (Analyse vom 07.02.2012) (08.02.2012/ac/a/a)
Offenlegung von möglichen Interessenskonflikten: Das Wertpapierdienstleistungsunternehmen oder ein mit ihm verbundenes Unternehmen gehörte einem Konsortium an, das die innerhalb von fünf Jahren zeitlich letzte Emission von Wertpapieren der Gesellschaft übernommen hat. Das Wertpapierdienstleistungsunternehmen oder ein mit ihm verbundenes Unternehmen betreuen die analysierte Gesellschaft am Markt. Weitere mögliche Interessenskonflikte können Sie auf der Site des Erstellers/ der Quelle der Analyse einsehen.
Quelle: Aktiencheck