PolyMet Mining Updates Investors With Exclusive Interview With The Wall Street Analyzer
July 25 2013 - 3:21PM
Marketwired
PolyMet Mining CFO Douglas Newby spoke with The Wall Street
Analyzer's investor audience about the company's NorthMet project
in Minnesota and recent rights offering. With the $60 million
offering, the company is well financed to complete the permitting
process and pre-construction engineering necessary to move the
project rapidly into the construction phase. PolyMet's strategic
investor, Glencore, provided one-third of the offering while
non-strategic investors provided two-thirds. Mr. Newby talked about
the advantages of having a US-based project in a strong mining
district, the Mesabi Iron Range, which produced most of the iron
ore and steel that helped build America. He believes that the
sector is near the bottom of the commodity cycle. Mr. Newby also
discussed his background and experience along with that of key
management, including CEO Jon Cherry who joined the company from
Rio Tinto. The company's main goals are to remain environmentally
friendly, create jobs in the US, and garner good returns for their
shareholders.
The full interview can be accessed by clicking
here.
About PolyMet:
PolyMet Mining Corp (TSX: POM) (NYSE MKT: PLM) is a publicly
traded company exclusively focused on developing the NorthMet
copper-nickel-precious metals project through its wholly owned
subsidiary, PolyMet Mining, Inc. The NorthMet project is located in
the established Mesabi Iron Range mining district in northeastern
Minnesota.
About WSA:
The Wall Street Analyzer is a financial research and publishing
firm reporting to the investment community on small and micro-cap
companies. Our aim is to convert stock ticker symbols into stories,
ideas into headlines, and technical data into entertaining content,
providing our audience with a unique perspective found in few other
financial news publications.
Safe Harbor Statement under the Private Securities Litigation
Reform Act of 1995: This release includes forward-looking
statements intended to qualify for the safe harbor from liability
established by the Private Securities Litigation Reform Act of
1995. These forward-looking statements generally can be identified
by phrases such as SLWF or its management "believes," "expects,"
"anticipates," "foresees," "forecasts," "estimates" or other words
or phrases of similar import. Similarly, such statements in this
release that describe the company's business strategy, outlook,
objectives, plans, intentions, or goals also are forward-looking
statements. All such forward-looking statements are subject to
certain risks and uncertainties that could cause actual results to
differ materially from those in forward-looking statements. These
risks and uncertainties include, among other things, product price
volatility, product demand, market competition, and risk inherent
in the operations of a company. We assume no obligation to update
any written or oral forward-looking statement made by us or on our
behalf as a result of new information, future events or other
factors.
For further information, please contact:
Corporate: Douglas Newby Chief Financial Officer Tel: +1
(651) 389-4105 Email Contact Investors: Jenny Knudson VP -
Investor Relations Tel: +1 (651) 389-4110 Email Contact WSA:
Juan Costello Senior Analyst Tel: +1 (347) 529-5734 Email
Contact
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