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Tantalus Rare Earths AG (TAEN.D)

TAEN.D on Dusseldorf Stock Exchange

0.85EUR
28 Apr 2017
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Latest Key Developments (Source: Significant Developments)

Tantalus Rare Earths: conditions under second share sale and purchase agreement not yet fulfilled
Thursday, 27 Apr 2017 05:08am EDT 

April 27 (Reuters) - Tantalus Rare Earths AG ::Conditions under second share sale and purchase agreement are not yet fulfilled.Tantalum Holding (Mauritius) Limited and operating company in Madagascar need additional funding.Management board of Tantalus Rare Earths was informed by REO Magnetic Pte. Ltd. that REO is considering whether necessary to propose extension to completion timeline of August 2017.Management board reviews all options regarding funding for both companies in close cooperation with Tantalum Holding (Mauritius) Limited's majority shareholder REO Magnetic Pte. Ltd.  Full Article

Tantalus Rare Earths: CEO Thomas Hoyer resigns
Wednesday, 21 Dec 2016 10:49am EST 

Tantalus Rare Earths AG : CEO Thomas Hoyer resigned from the management board .Member of management board Markus Kivimäki to undertake tasks of Thomas Hoyer. Management board to consist of Markus Kivimäki (CEO) and Kalle Lethonen (CFO).  Full Article

Tantalus Rare Earths H1 net loss shrinks to EUR 0.89 mln
Friday, 30 Sep 2016 03:10am EDT 

Tantalus Rare Earths AG :H1 net loss 0.89 million euros versus loss 1.78 million euros ($1.99 million) year ago.  Full Article

Tantalus Rare Earths: First part of transaction with Apphia has been completed
Friday, 12 Aug 2016 03:55am EDT 

Tantalus Rare Earths AG :First part of transaction with Apphia has been completed.  Full Article

Tantalus Rare Earths FY net loss widens to EUR 8.23 mln
Thursday, 30 Jun 2016 04:49am EDT 

Tantalus Rare Earths AG : FY operating loss 2.866 million euros ($3.18 million) versus loss 3.646 million euros year ago .FY net loss 8.23 million euros versus 3.88 million euros year ago.  Full Article

Tantalus Rare Earths: legal challenge against EGM resolution
Tuesday, 28 Jun 2016 05:28am EDT 

Tantalus Rare Earths AG : Legal challenge against resolution passed by the extraordinary general meeting .Will respond to challenge in due course and will publish updates in matter as appropriate.  Full Article

Tantalus Rare Earths: streamlining of the management board
Friday, 3 Jun 2016 03:34am EDT 

Tantalus Rare Earths AG : Streamlining of the management board . Wang Yu, who had been appointed as Chief Technology Officer of Tantalus Group, has resigned by mutual agreement with supervisory board. Rigoll's appointment ended according to schedule as of Dec. 8, 2015 .Supervisory board of Tantalus Rare Earths AG and David Rigoll mutually agreed not to renew his appointment as a member of management board.  Full Article

Tantalus Rare Earths says EGM agrees to share purchase agreements with Apphia Minerals SOF PTE. Ltd
Thursday, 14 Apr 2016 02:12pm EDT 

Tantalus Rare Earths AG:Extraordinary General Meeting (EGM)agrees to share purchase agreements with Apphia Minerals SOF PTE. Ltd.Agreements allow for the sale of all shares in Tantalum Holding (Mauritius) Limited.  Full Article

Tantalus Rare Earths withdraws insolvency application
Friday, 12 Feb 2016 10:00am EST 

Tantalus Rare Earths AG:Announces that it has withdrawn application for opening of insolvency proceedings​ ‍.Will invite its shareholders to an extraordinary general meeting to decide on arrangements with Apphia in late March 2016​.  Full Article

Tantalus Rare Earths AG sells 60 pct of operations​
Tuesday, 8 Dec 2015 10:30am EST 

Tantalus Rare Earths AG:Announces sale of 60 pct of operations​.‍Signs sale and purchase agreement with Singapore-based company Apphia Minerals SOF PTE. Ltd.​.‍Will sell 60 pct of shares in subsidiary Tantalum Holding (Mauritius) Limited (which is 100 pct owner of Tantalum Rare Earth Malagasy S.A.R.L.) for cash consideration of 3.7 million euros.‍Will withdraw its application for insolvency after transfer of 1.35 million euros has taken place as reasons for insolvency have been eliminated.  Full Article

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