Edition:
United States

Tantalus Rare Earths AG (TAEN.D)

TAEN.D on Dusseldorf Stock Exchange

0.88EUR
23 Mar 2017
Change (% chg)

€-0.12 (-12.40%)
Prev Close
€1.00
Open
€0.88
Day's High
€0.88
Day's Low
€0.88
Volume
0
Avg. Vol
1,634
52-wk High
€2.33
52-wk Low
€0.59

Latest Key Developments (Source: Significant Developments)

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

Tantalus Rare Earths signs term sheet; plans withdrawal from insolvency proceedings
Tuesday, 17 Nov 2015 02:40am EST 

Tantalus Rare Earths AG:Announces that it has commenced a process to sell in first stage 60 pct and in second stage remaining 40 pct of its Madagascar based rare earths project to a Singapore-based company.In first phase, buyer would acquire 60 pct of shares in Tantalus' subsidiary Tantalum Holding (Mauritius).Limited for a cash consideration of 3.7 million euros.Subject to certain operative milestones Singapore-based company would procure not less than 8 million euros of debt funding for project.In second phase buyer would acquire remaining 40 pct of Tantalum Holding (Mauritius) Limited, in consideration for shares Buyer holds in a company listed on the Singapore Stock Exchange ("Listed Company"), which shares will have a market value of not less than 10 million euros.Is planning to apply to District Court in Munich for a withdrawal of its application for insolvency proceedings.  Full Article

More From Around the Web

BRIEF-Tantalus Rare Earths: delisting from open market of Düsseldorf stock exchange

* Revocation of admittance of shares for trading in the market segment 'Primärmarkt' of the open market of Düsseldorf stock exchange and application for termination of listing of Tantalus shares in the general open market Source text for Eikon: Further company coverage: (Gdynia Newsroom)