Coeur Announces Results of Exchange Offer
May 14 2014 - 4:30PM
Coeur Mining, Inc. (the "Company" or "Coeur") (NYSE:CDE) today
announced the results of its offer to exchange (the "Exchange
Offer") up to $150,000,000 aggregate principal amount of its
outstanding 7.875% Senior Notes due 2021 (the "Outstanding Notes")
for a like principal amount of its new 7.875% Senior Notes due 2021
(the "Exchange Notes").
According to information provided by the exchange agent, The
Bank of New York Mellon, $150,000,000 aggregate principal amount,
or 100%, of the privately placed 7.875% Senior Notes due 2021 were
tendered for exchange in the Exchange Offer. The Exchange
Offer expired May 9, 2014 at 5:00 p.m. Eastern time.
This news release is for informational purposes only and is
neither an offer to exchange, nor a solicitation of an offer to
sell, the Exchange Notes. The Exchange Offer was made solely
pursuant to the prospectus dated April 10, 2014, including any
supplements thereto. The Exchange Offer was not made to holders in
any jurisdiction in which the making or acceptance thereof would
not be in compliance with the securities, blue sky or other laws of
such jurisdiction.
About Coeur
Coeur Mining is the largest U.S.-based primary silver producer
and a significant gold producer with four precious metals mines in
the Americas employing nearly 2,000 people. Coeur produces from its
wholly owned operations: the Palmarejo silver-gold mine in Mexico,
the San Bartolomé silver mine in Bolivia, the Rochester silver-gold
mine in Nevada and the Kensington gold mine in Alaska. The Company
also has a non-operating interest in the Endeavor mine in Australia
in addition to net smelter royalties on the Cerro Bayo mine in
Chile, the El Gallo complex in Mexico, and the Zaruma mine in
Ecuador. In addition, the Company has two silver-gold feasibility
stage projects - the La Preciosa project in Mexico and the Joaquin
project in Argentina. The Company also conducts ongoing exploration
activities in Alaska, Argentina, Bolivia, Mexico, and Nevada. The
Company owns strategic investment positions in several silver and
gold development companies with projects in North and South
America.
CONTACT: Bridget Freas, Director, Investor Relations
(312) 489-5819
Donna Mirandola, Director, Corporate Communications
(312) 489-5842
coeur.com
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