Globe Metals & Mining Limited

Published : May 22nd, 2012

Corporate Restructure & Dual Listing

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Corporate Restructure

& Dual Listing

 

 

Dear Eric,

I am pleased to announce our plans to conduct a corporate restructure and dual listing on the Toronto Stock Exchange, with the prime objective of enhancing returns to shareholders:


 

�Spin-out� of all exploration assets (i.e. everything except Kanyika Niobium Project) into a separately listed company. This new rare earth focussed company will have Mount Muambe as the primary asset, and enable that asset to be separately funded, as well as ensure that the market differentiates between our niobium and rare earth commodity projects.

 

To better leverage our niobium asset, Globe also intends to dual list on the Toronto Stock Exchange, coinciding with the completion of the Kanyika Niobium Project�s Definitive Feasibility Study (DFS).

 


I look forward to bringing you further details of the spin-out and dual listing in due course, including time frames, regulatory and compliance hurdles and the nature and extent of shareholder participation in the new entity.

Mark Sumich Yours sincerely
signature
Mark Sumich
Managing Director
Globe Metals & Mining Limited

Read the Announcement

 

 

Corporate Restructure and Dual Listing
22 May 2012 



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Win a copy of Australia�s Next Top Mining Shares

 

Globe is featured in Dr Allan Trench�s latest book, Australia�s Next Top Mining Shares, which evaluates 52 emerging resource stocks through the lens of multiple commodities that are mined in Australia today.


Be one of the first 3 readers to correctly email the name of our Niobium Project and its location in Africa to philippa.pearce@globemetalsandmining.com.au and we will send you a complimentary copy.


To order a copy online visit

http://majorstreet.com.au/australia-s-next-top-mining-shares/


 



PERTH
Suite 2, Level 1
16 Ord Street
West Perth
WA 6005

PO Box 1811
West Perth
WA 6872

T: +61 08 9327 0700

MALAWI
Plot 43/2/61
Mphonongo Road

Area 43
Lilongwe
Malawi

Private Bag A201
Lilongwe
Malawi

T: +265 1 794 070

MOZAMBIQUE

Maputo Business Centre
Avenida
 Aghostinho

Neto 326

Maputo
Mozambique

 

T: +258 2149 8318



Twiiterfollow @GlobeMetals

info@globemetalsandmining.com.au

www.globemetalsandmining.com.au

� Copyright 2011. Globe Metals & Mining.
All rights reserved.

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Data and Statistics for these countries : Australia | Malawi | Mozambique | All
Gold and Silver Prices for these countries : Australia | Malawi | Mozambique | All

Globe Metals & Mining Limited

DEVELOPMENT STAGE
CODE : GBE.AX
ISIN : AU000000GBE0
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Globe Metals & Mining is a tantalum and uranium exploration company based in Australia.

Globe Metals & Mining develops tantalum, uranium and niobium in Malawi, and holds various exploration projects in Malawi.

Its main asset in development is KANYIKA in Malawi and its main exploration properties are LIVINGSTONIA and NTHALIRE in Malawi.

Globe Metals & Mining is listed in Australia. Its market capitalisation is AU$ 17.8 millions as of today (US$ 11.7 millions, € 10.9 millions).

Its stock quote reached its highest recent level on October 22, 2010 at AU$ 0.51, and its lowest recent point on March 20, 2020 at AU$ 0.01.

Globe Metals & Mining has 469 730 016 shares outstanding.

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Corporate Presentations of Globe Metals & Mining Limited
7/11/2008Market Update
6/30/2008Investor Presentation
Annual reports of Globe Metals & Mining Limited
=3A Annual Report to shareholders
2011 Annual Report
Nominations of Globe Metals & Mining Limited
10/10/2013=3A Globe appoints new Director to the Board
7/10/2013Globe Appoints the CEO as Managing Director
5/20/2013Globe Appoints New Chief Executive Officer
Project news of Globe Metals & Mining Limited
7/3/2013(Kanyika)ECE's exploration team has commenced work at Kanyika
5/14/2013(Kanyika)Kanyika Niobium Project Update - Marketing and Process Optim...
5/7/2013Globe Signs Binding MOU with Major Shareholder to Fund Explo...
7/4/2012Acquisition of advanced graphite asset in Malawi
6/7/2012Excellent further REE drill results - Mt Muambe
5/14/2012Company Insight - Globe's Mount Muambe Rare Earths-Flourite ...
1/30/2012Drilling extends fluorite zone at Mt Muambe Project
9/2/2009(Kanyika)Kanyika Niobium Project - 40+ Year Mine Life Potential
8/19/2009(Kanyika)US$10.6 million Joint Venture to fund Kanyika Bankable Feasi...
1/20/2009(Kanyika)Massive Niobium Intercept - Kanyika, Malawi
9/25/2008(Kanyika)Outstanding Niobium, Tantalum and Uranium Drill Results, Kan...
9/9/2008(Kanyika)Commencement of Pre-Feasibility Study – Kanyika Project, Mal...
7/31/2008(Livingstonia)More Uranium Confirmed at Livingstonia – Malawi
7/30/2008Livingstonia Drilling Results
Corporate news of Globe Metals & Mining Limited
2/1/2016Quarterly Cashflow Report
2/1/2016Quarterly Activities Report
1/25/2016Notice of General Meeting/Proxy Form
10/30/2015September Quarterly Activities Report
10/30/2015September Quarterly Cashflow Report
10/27/2015Response to ASX Price Query
10/6/20152015 Annual Financial Report
9/1/2015Agreement Executed over Katengeza Prospect
8/27/20152015 June Quarterly Cashflow Report
8/27/20152015 June Quarterly Activities Report
7/6/2015Kanyika Niobium Project Mining Lease Approved
2/2/2015December 2014 Quarterly Activities Report
2/2/2015Company Secretary Appointment
2/2/2015December 2014 Cash Flow Report
1/13/2015Change of Registered Office
9/16/2013=3A Funding Received
9/5/2013=3A Globe to raise A$11.5m with new investor
7/29/2013June Quarter 2013 Activities Report
4/22/2013Shareholder Newsletter April 2013
10/24/2012Investor Update October 2012
10/17/2012(Kanyika)Kanyika Niobium Project Excellent Infill Drill Results
10/10/2012Shareholder Newsletter
7/10/2012(Kanyika)China Development Bank =e2?? Financing for Kanyika Niobium P...
5/22/2012Corporate Restructure & Dual Listing
5/1/2012New flourite discoveries at Mount Muambe
4/26/2012Shareholder Newsletter - April 2012
3/14/2012Multiple REE zone in Mozambique/Obama criticises China over ...
1/25/2012Globe to undertake share buyback
1/20/2012(Kanyika)Kanyika EPL renewed for a further two years
12/14/2011Shareholder Update December 2011
8/19/2011and Mining - Shareholder Update
7/2/2009Commences Discussions with Potential Chinese Off-take Partne...
1/27/2009December Quarter Activities Report
11/6/2008Busy Times at Globe Metals & Mining
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AUSTRALIA (GBE.AX)
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