Key Developments: Lynas Corp Ltd (LYC.AX)

LYC.AX on Australia Stock Exchange

0.18AUD
17 Apr 2014
Price Change (% chg)

$-0.00 (-1.62%)
Prev Close
$0.19
Open
$0.19
Day's High
$0.19
Day's Low
$0.18
Volume
9,431,860
Avg. Vol
9,004,822
52-wk High
$0.70
52-wk Low
$0.17

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Latest Key Developments (Source: Significant Developments)

Lynas Corp Ltd does not declare interim dividend
Monday, 10 Mar 2014 06:18pm EDT 

Lynas Corp Ltd:Says there were no dividends declared or paid during half year period ended Dec. 31, 2013 (half year period ended Dec. 31, 2012: nil).  Full Article

Lynas Corp Ltd Drops Case Against Malaysia Greens-AAP
Tuesday, 18 Jun 2013 12:11am EDT 

Australian Associated Press reported that Lynas Corp Ltd has dropped defamation action against a Malaysian green group.In April last year, Lynas initiated legal proceedings against Save Malaysia Stop Lynas. Two months later, independent media website Free Malaysia on June 18, 2013 apologised for running stories sympathetic to the activists, who opposed plans for a processing plant. Lynas Corporation chief executive Eric Noyrez on said solicitors had been instructed to discontinue legal action against the activist group.  Full Article

Lynas Corp Ltd Appoints Chief Executive Officer
Sunday, 3 Mar 2013 05:01pm EST 

Lynas Corp Ltd announced that effective March 31, 2013, Eric Noyrez will be appointed to the board of the Company as an executive director and become the Company's Chief Executive Officer.  Full Article

Lynas Corp Ltd Not To Pay H1 2013 Dividend
Friday, 22 Feb 2013 12:30am EST 

Lynas Corp Ltd announced that there were no dividends declared or paid during the first half of fiscal 2013 (H1 2012: nil).  Full Article

Lynas Corp Ltd Issues New Ordinary Shares
Tuesday, 18 Dec 2012 05:17pm EST 

Lynas Corp Ltd announced that it has issued 44,641,949 fully paid ordinary shares at an issue price of AUD 0.56 per share pursuant to the share purchase plan. The funds raised will be used for working capital and general corporate purposes during commissioning and ramp-up at the Lynas Advanced Materials Plant.  Full Article

Lynas Corp Ltd Announces Share Purchase Plan
Monday, 17 Dec 2012 08:25pm EST 

Lynas Corp Ltd announced that the issue price for its AUD25 million share purchase plan (SPP). The issue price has been calculated to AUD0.56 per New Share. A discount of 2.5% to the volume weighted average price of Lynas Shares traded in the ordinary course on the Australian Securities Exchange during the 5 trading days being 10, 12, 13, 14 and 17 December 2012, rounded down to the nearest cent. as determined at the close of trading on December 17, 2012. Funds raised under the SPP will be used for working capital and general corporate purposes during commissioning and ramp-up at the Lynas Advanced Materials Plant in Malaysia (LAMP).  Full Article

Lynas Corp Ltd Completes Share Purchase Plan
Sunday, 9 Dec 2012 05:41pm EST 

Lynas Corp Ltd announced that it has completed the share purchase plan (SPP) that was announced on November 9, 2012. Under the SPP, Lynas offered eligible shareholders with registered addresses in Australia and New Zealand the opportunity to apply for up to AUD 15,000 worth of Lynas’ ordinary shares (subject to any scale-back), without incurring brokerage or other transaction costs. The full terms of the SPP were announced by Lynas on November 20, 2012, and the SPP offer period closed on December 4, 2012.  Full Article

Morgan Stanley Investment Management Inc. Ceases To Be Substantial Holder In Lynas Corp Ltd
Thursday, 15 Nov 2012 03:40am EST 

Lynas Corp Ltd announced that Morgan Stanley Investment Management Inc. has ceased to be a substantial holder in the Company as of November 13, 2012. Previously, Morgan Stanley Investment Management Inc. held 87,591,175 ordinary shares in the Company, which represents 5.10% of the voting power.  Full Article

Morgan Stanley Investment Management Inc. Acquires Stake In Lynas Corp Ltd
Wednesday, 14 Nov 2012 04:15am EST 

Lynas Corp Ltd announced that Morgan Stanley Investment Management Inc. has acquired 87,591,175 ordinary shares in the Company, which represents 5.10% of the voting power.  Full Article

Lynas Corp Ltd Issues New Ordinary Shares
Sunday, 11 Nov 2012 05:00pm EST 

Lynas Corp Ltd announced that it has issued 80,000,000 ordinary shares pursuant to placement at an issue price of AUD 0.75 per share. The funds raised will be used for working capital and general corporate purposes during commissioning and ramp-up at the Lynas Advanced Materials Plant (LAMP).  Full Article

Australia's Lynas jumps after production update

SYDNEY - Shares in Australia's Lynas jumped as much as 13.9 percent, its biggest one-day percentage rise since July 2013, after the rare earths miner said commercial production and sales of rare earth oxide products for the March 2014 quarter will both be higher than the previous quarter.

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