Provision of further information to Noteholders on proposed acquisition

28 Nov 2016

Consolidated Minerals announces that it will provide further information to its Noteholders on the proposed acquisition of the Company by a subsidiary of TMI at 13:30 (GMT) on Friday, 2 December 2016

On 15 November 2016, Consolidated Minerals Limited (“Consmin” or the “Company”) announced that the Company’s ultimate beneficial owner and direct shareholders (“Sellers”) had entered into a share purchase agreement (“SPA”) with China Tian Yuan Manganese Limited (“Purchaser”), a subsidiary of Ningxia Tianyuan Manganese Industry Co., Ltd. (“TMI”), pursuant to which the Sellers agreed to sell and transfer to the Purchaser all of their respective rights and title to both the entire share capital of the Company and the shareholders’ funding provided by them to the Company (the “Transaction”).

In order to provide the holders of the Company’s outstanding Senior Secured Notes due 2020 (the “Notes” and the “Noteholders”) with further information on the Transaction, the Company will host a presentation to its Noteholders at the offices of Rothschild & Co in London (located at New Court, St Swithin’s Lane, London, EC4N 8AL) at 13:30 (GMT) on Friday, 2 December 2016. For those Noteholders who are unable to attend the presentation in person, a conference call facility will be available. The presentation will be followed by a short Q&A session with members of the Company’s management, the Company’s advisors and a representative of the Purchaser.

A copy of the presentation being delivered by the Company will be made available in advance at the Company’s website A short announcement confirming the publication of the presentation will follow in due course.

If you would like to attend the presentation in person at the offices of Rothschild & Co, please contact [email protected]

To access the conference call, you must first register in advance on:

download full announcement here