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Nyrstar NV (NYR.BR)

NYR.BR on Brussels Stock Exchange

8.15EUR
29 Jul 2016
Change (% chg)

€-0.09 (-1.15%)
Prev Close
€8.25
Open
€8.30
Day's High
€8.30
Day's Low
€8.08
Volume
209,291
Avg. Vol
302,497
52-wk High
€16.38
52-wk Low
€5.60

Latest Key Developments (Source: Significant Developments)

Nyrstar places 115 million euro convertible bonds due 2022
Wednesday, 6 Jul 2016 01:32pm EDT 

Nyrstar NV : Places EUR 115 million ($127.49 million) convertible bonds due 2022 . Bonds will be issued at 100% of their principal amount and will have a coupon of 5% per annum . Intends to convene an extraordinary general shareholders' meeting to authorise issuance of new ordinary shares upon conversion of bonds . Listing of bonds on open market of Frankfurt Stock Exchange expected to take place no later than three months following closing of offering . Conversion price was set at EUR 9.60 .Closing and settlement of offering are expected to take place on or around July 11.  Full Article

Nyrstar launches offering of up to 150 mln euro convertible bond
Wednesday, 6 Jul 2016 02:31am EDT 

Nyrstar NV : Launches an offering of up to 150 million euro ($165.8 million) convertible bonds due 2022 . Bonds will be issued at 100 pct of their principal amount and are expected to have a coupon of between 4.50-5.00 pct per annum, payable semi-annually in equal installments in arrear . Closing and settlement of offering are expected to take place on or around July 11, 2016 . Option to increase offering with an amount of up to 35 million euros . Conversion price is expected to be set at a premium of between 27.00-35.00 pct of volume weighted avg price of ordinary shares on Euronext Brussels from launch to pricing .Nyrstar confirms that it is continuing to make progress with divestment of its mining assets.  Full Article

Nyrstar sells El Toqui mine for $25 million to Laguna Gold Limited
Monday, 27 Jun 2016 01:00am EDT 

Nyrstar NV : Sale of the El Toqui mine for a total cash consideration of USD 25 million and price participation . Entered into a share purchase agreement to sell its El Toqui mine in Chile to Laguna Gold Limited . Consideration payable to Nyrstar consists of USD 12 million payable in cash by closing of transaction and USD 13 million in milestone cash payments over a four year period following closing of transaction . Transaction is part of formal sale process for all or majority of Nyrstar's mining assets which was formally launched in January 2016 . Nyrstar and Laguna have also agreed to enter into an off-take agreement in which Laguna will sell to Nyrstar 100 pct of zinc concentrate production from El Toqui for four years .Laguna will sell to Nyrstar 85 pct of zinc concentrate production thereafter.  Full Article

Nyrstar announces new conversion price convertible bonds
Thursday, 9 Jun 2016 01:00am EDT 

Nyrstar NV : Conversion price of 2018 convertible bonds has been adjusted following 1-for-10 reverse stock split . All outstanding shares of company were consolidated into a new and reduced number of shares at ratio of one new share for ten existing shares . New conversion price is 21.63 euros ($24.66) per Nyrstar share .Conversion price adjustment became effective on June 9, 2016.  Full Article

Nyrstar announces details of 1-for-10 reverse stock split
Friday, 20 May 2016 01:01am EDT 

Nyrstar NV : Nyrstar announces details of 1-for-10 reverse stock split . Anounces its intention to implement a share consolidation with respect to all outstanding shares by means of a 1-for-10 reverse stock split (RSS) . All outstanding shares of company shall be consolidated into a new and reduced number of shares at ratio of one new share for ten existing shares .Last trading day of existing shares of company will be June 6, 2016 and RSS will be effective as of June 9, 2016.  Full Article

Nyrstar terminates agreement with Noble Group Limited
Friday, 22 Apr 2016 01:01pm EDT 

Nyrstar:Terminates offtake and marketing agreement with Noble Group Limited to market and sell 200,000 tonnes per annum of commodity grade zinc metal.  Full Article

Nyrstar ‍launches 274 mln euro rights offering
Friday, 5 Feb 2016 02:00am EST 

Nyrstar:Launches a 274 million euro 13 for 7 rights offering of 608,165,740 new shares at a subscription price of 0.45 euro per new share.Intends to use the net proceeds from the Offering to repay part of the 415 million euro of 2016 bonds that mature in May 2016.  Full Article

Nyrstar ‍shareholders approve proposal for planned rights offering
Monday, 18 Jan 2016 05:59am EST 

Nyrstar:‍Shareholders approve proposal for planned rights offering.‍Planned rights offering consists of a capital increase in cash with a maximum amount of 275 million euros.  Full Article

Nyrstar announces funding of metal prepay financing
Wednesday, 30 Dec 2015 01:04pm EST 

Nyrstar:Announces signing and pre-funding of metal prepayment financing of $150 million as part of its package of balance sheet strengthening measures announced on Nov. 9.Says prepayment agreement was arranged by Deutsche Bank and is linked to physical delivery of refined zinc metal to Trafigura under terms of three-year offtake agreement.Syndication of transaction is ongoing and transaction will potentially be upsized in early 2016.  Full Article

Nyrstar appoints Christopher Eger as CFO
Friday, 20 Nov 2015 01:00am EST 

Nyrstar:Appoints Christopher Eger as chief financial officer to replace Heinz Eigner.  Full Article

BRIEF-Great Panther Silver ends option agreement for Coricancha mine

* Great Panther Silver ends option agreement for Coricancha mine but continues evaluation