UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16
OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of JULY, 2015
Commission File Number: 001-32929
POLYMET MINING CORP.
(Translation of registrant's name into English)
100 King Street, Suite 5700
Toronto, ON Canada M5X 1C7
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
[ X ] Form 20-F [ ]
Form 40-F
Indicate by check mark if the registrant is submitting the
Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): [ ]
Indicate by check mark if the registrant is submitting the
Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): [ ]
EXPLANATORY NOTE
This report on Form 6-K and attached exhibit are incorporated by reference into Registration Statements No. 333-185071 and No. 333-192208 and this report on Form 6-K shall be deemed a part of such registration statements from the date on which this report on Form 6-K is filed, to the extent not superseded by documents or reports subsequently filed or furnished by PolyMet Mining Corp. under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended.
![](polymet_logo.jpg)
SUBMITTED HEREWITH
Exhibits
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act
of 1934, the registrant has duly caused this report to be signed on its behalf
by the undersigned, thereunto duly authorized.
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PolyMet Mining Corp. |
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(Registrant) |
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Date: July 16, 2015 |
By: |
/s/ Jonathan Cherry |
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Jonathan Cherry |
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Title: |
President and CEO |
![](polymet_logo.jpg) |
100 King Street West, Suite 5700, Toronto,
Ontario, Canada, M5X 1C7 |
Tel: +1 (416) 915-4149 |
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444 Cedar Street, Suite 2060, St. Paul, MN
55101 |
Tel: +1 (651) 389-4100 |
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www.polymetmining.com |
TSX: POM, NYSE MKT: PLM |
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NEWS RELEASE |
2015-05 |
POLYMET REPORTS
ACCOMPLISHMENTS AT ANNUAL
SHAREHOLDERSMEETING
SHAREHOLDERS REELECT DIRECTORS
St. Paul, Minn., July 16, 2015 PolyMet Mining Corp.
(TSX: POM; NYSE MKT: PLM) is pleased to report 65.39 percent of the eligible
shares were represented at its Annual General and Special Meeting of
Shareholders held on July 15, 2015 in Toronto, Ontario and all motions put
forward by the Board of Directors to the shareholders at or represented at the
meeting were passed, including reelection of all eight directors.
Following the formal meeting, Jon Cherry, president and CEO
updated shareholders on progress since the last shareholders meeting and goals
and objectives for the next twelve months.
Key Accomplishments
- Completion of preliminary final EIS
- Schedule for final EIS publication and completion of the State adequacy
determination
http://www.dnr.state.mn.us/input/environmentalreview/polymet/index.html
- Drafting of key Mine, Air and Water Permits for submission to the State
- $30 million loan facility with Glencore AG, a wholly-owned subsidiary of
Glencore plc.
- Expanded investment research coverage
Cherry noted that publication of the schedule for completion of
the environmental review was itself a major milestone and laid the path to the
start of construction. He also told shareholders that PolyMets share price had
outperformed the S&P/TSX Global Mining Index by approximately 60 percent
over the year.
Key Goals & Objectives
- Publication of the final EIS in the Federal Register and the Minnesota
Environmental Quality Board Monitor in early November 2015 and final decision
on the adequcy of the final EIS early Februuary 2016
- Preparation and submission of draft permit applications with decision on
state permits within 150 days of acceptance of applications, under state
guidelines
- Records of Decision on the federal 404 Wetland Permit and the Land
Exchange.
- Completion of the Definitive Cost Estimate and Project Update
- Completion of construction finance plan including commitment of debt prior
to the issuance of permits but subject to typical conditions precedent, such
as receipt of permits.
- Completion of project construction implementation plan
- Start construction
Cherry stated, The final EIS represents more than a decade of
detailed review and analysis of the potential environmental impacts of the
NorthMet Project and the Companys plans to mitigate those impacts. Reusing existing facilities and
infrastructure minimizes the new impacts and addresses legacy issues associated
with historic iron ore mining. Cherry concluded by thanking all of the
stakeholders investors, staff, contractors, and the local community for their
continued support. He also thanked the government agencies and their contractors
tasked with completing the environmental review for their hard work and efforts
to ensure that the final EIS is thorough and complete, providing the legal basis
for issuance of permits to construct and operate the NorthMet Project.
Formal Proceedings
The following eight persons were
elected as Directors of the Company to hold office until the next annual general
meeting of the Company. The voting results are shown below:
Director |
Votes For |
% For |
Votes Against |
%
Against |
Jonathan Cherry |
104,045,411 |
98.99 |
1,056,599 |
1.00
|
Matthew Daley |
104,007,697 |
98.95 |
1,094,313 |
1.04
|
Dr. David Dreisinger |
104,662,223 |
99.58 |
439,787 |
0.41 |
W. Ian L. Forrest |
102,471,885 |
97.49 |
2,630,125 |
2.50
|
Alan R. Hodnik |
102,519,935 |
97.54 |
2,582,075 |
2.45
|
William Murray |
101,582,722 |
96.65 |
3,519,288 |
3.34
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Stephen Rowland |
101,228,775 |
96.31 |
3,873,235 |
3.68 |
Michael M. Sill |
102,513,377 |
97.53 |
2,588,633 |
2.46
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Shareholders also re-appointed PricewaterhouseCoopers LLP as
auditors of the Company and the board is authorized to fix the remuneration to
be paid to the auditors and re-approved the Companys 2007 Omnibus Share
Compensation Plan, as approved by shareholders in 2007, 2010 and subsequently
amended and restated by shareholders in 2012. The Board withdrew the motion to
re-approve PolyMets Amended and Restated Shareholder Rights Plan, as amended
and restated by the shareholders in 2007, 2008, confirmed in 2011 and
subsequently amended and restated by shareholders in 2013 pending anticipated
changes to Canadian take-over rules. The plan was re-approved in 2013 and
therefore remains in effect.
* * * * *
About PolyMet
PolyMet Mining Corp.
(www.polymetmining.com) is a publicly-traded mine development company that owns
100 percent of Poly Met Mining, Inc., a Minnesota corporation that controls 100
percent of the NorthMet copper-nickel-precious metals ore body through a
long-term lease and owns 100 percent of the Erie Plant, a large processing
facility located approximately six miles from the ore body in the established
mining district of the Mesabi Range in northeastern Minnesota. Poly Met Mining,
Inc. has completed its Definitive Feasibility Study and is seeking environmental
and operating permits to enable it to commence production. The NorthMet project
is expected to require approximately two million hours of construction labor,
creating approximately 360 long-term jobs, a level of activity that will have a
significant multiplier effect in the local economy.
POLYMET MINING CORP.
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Per: |
"Jon Cherry" |
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Jon Cherry, CEO
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For further information, please contact:
Media
Bruce Richardson
Corporate Communications
Tel: +1 (651) 389-4111
brichardson@polymetmining.com
Investor Relations
Jenny Knudson
Investor
Relations
Tel: +1 (651) 389-4110
jknudson@polymetmining.com
This news release contains certain forward-looking
statements concerning anticipated developments in PolyMets operations in the
future. Forward-looking statements are frequently, but not always, identified by
words such as expects, anticipates, believes, intends, estimates,
potential, possible, projects, plans, and similar expressions, or
statements that events, conditions or results will, may, could, or
should occur or be achieved or their negatives or other comparable words.
These forward-looking statements may include statements regarding completion or
timing of the environmental review and permitting or other statements that are
not a statement of fact. Forward-looking statements address future events and
conditions and therefore involve inherent known and unknown risks and
uncertainties. Actual results may differ materially from those in the
forward-looking statements due to risks facing PolyMet or due to actual facts
differing from the assumptions underlying its predictions.
PolyMets forward-looking statements are based on the
beliefs, expectations and opinions of management on the date the statements are
made, and PolyMet does not assume any obligation to update forward-looking
statements if circumstances or managements beliefs, expectations and opinions
should change.
Specific reference is made to PolyMets most recent Annual
Report on Form 20-F for the fiscal year ended January 31, 2015 and in our other
filings with Canadian securities authorities and the U.S. Securities and
Exchange Commission, including our Report on Form 6-K providing information with
respect to our operations for the three months ended April 30, 2015, for a
discussion of some of the risk factors and other considerations underlying
forward-looking statements.
The TSX has not reviewed and does not accept responsibility
for the adequacy or accuracy of this release.
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