Noteholders have locked-up to tender their notes and provide certain consents

04 Apr 2017

Consolidated Minerals Limited (“Consmin” or the “Company”) announces that holders of 89.84% of its Senior Secured Notes due 2020 (the “Notes”) have locked-up to tender their Notes to and provide certain consents in relation to the proposed acquisition of Consmin by a subsidiary of Ningxia Tianyuan Manganese Industry Co., Ltd.

The Company announces that an invitation has been made by a subsidiary of Ningxia Tianyuan Manganese Industry Co., Ltd. to holders of the Notes (the “Noteholders”) to tender their Notes and consent to certain modifications of the terms and conditions of the notes as further described in the Tender Offer and Consent Solicitation Statement dated April 4, 2017.

Download the full announcement here- Noteholders have locked-up to tender their notes and provide certain consents