|Bid||0.0600 x 0|
|Ask||0.0650 x 0|
|Day's Range||0.0500 - 0.0700|
|52 Week Range||0.0500 - 0.5500|
|Beta (5Y Monthly)||0.73|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb. 12, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||0.23|
ZUG, Switzerland , Feb. 13, 2020 /CNW/ - Katanga Mining Limited (TSX: KAT) ("Katanga" or the "Company") today announces its financial results for the fourth quarter and 2019 fiscal ...
ZUG, Switzerland , Feb. 3, 2020 /CNW/ - Katanga Mining Limited (TSX: KAT) ("Katanga" or the "Company") today provides an update on its major projects and announces its 2019 fourth quarter ...
In connection with the completion of the Rights Offering and pursuant to the exercise of Rights, the Company issued an aggregate of 59,292,571,428 Common Shares from treasury. Glencore provided a standby commitment in respect of the Rights Offering and, in accordance with the standby commitment, accepted 59,223,825,315 Common Shares issued from treasury under the Rights Offering and a cash payment of CDN$8,902,622 as repayment for US$5.8 billion of debt owed to Glencore under the Glencore loan facilities.
Mr. Davis was designated to act as CEO by Glencore International AG ("Glencore") pursuant to the management services agreement between the Company and Glencore entered into in January 2019 . Mr. Davis replaces Mr. Jeff Gerard as CEO and has assumed Mr. Gerard's seat on the Company's board of directors. Prior to joining Katanga, he was the Executive General Manager of MMG's operational and growth objectives in Africa , Australia , and Asia .
Pursuant to the Rights Offering, all eligible shareholders of Katanga (subject to applicable law) will receive one Right for every Common Share held as of the close of business on November 22, 2019 (the "Record Date"). The Rights Offering will include an additional subscription privilege entitling holders of Rights who have fully exercised their Rights to subscribe for additional Common Shares (the "Additional Subscription Privilege"), if available, that are not otherwise subscribed for under the Rights Offering.
ZUG, Switzerland , Nov. 7, 2019 /CNW/ - Katanga Mining Limited (TSX: KAT) ("Katanga" or the "Company") today announces its 2019 third quarter financial results. Katanga's unaudited ...
ZUG, Switzerland, Nov. 7, 2019 /CNW/ - Katanga Mining Limited (TSX:KAT.TO - News) ("Katanga" or the "Company") announces today that it has filed a preliminary short form prospectus with securities regulatory authorities in each of the provinces and territories of Canada in respect of an offering of rights ("Rights") to purchase common shares of the Company ("Common Shares") to raise approximately CDN$7.6 billion (the "Rights Offering"). Glencore has agreed to accept the Rights Offering proceeds of approximately CDN$7.6 billion or the equivalent in Common Shares issued from treasury under the Rights Offering to repay US$5.8 billion of debt to Glencore (based on a five day average CDN$/US$ exchange rate when the Subscription Price (as defined below) is determined).
ZUG, SWITZERLAND , Oct. 24, 2019 /CNW/ - Katanga Mining Limited (TSX: KAT) ("Katanga" or the "Company") today provides an update on its major projects and announces its 2019 third quarter ...
The worst result, after buying shares in a company (assuming no leverage), would be if you lose all the money you put...