Century Global Commodities Corp. today provided the following update relating to Company’s planned spin-out of its subsidiary, Century Metals Inc., as disclosed in the Company’s news release dated June 20, 2018. Century Metals has completed the second tranche of its private placement of special warrants at a price of $0.06 per Special Warrant . The second tranche involved the issuance of an additional [...]
Century Global Commodities today provided the following update relating to Company’s planned spin-out of its subsidiary, Century Metals Inc., as disclosed in the Company’s news release dated June 20, 2018. Century Metals has completed the initial tranche of its private placement of up to 12,000,000 special warrants at a price of $0.06 per Special Warrant . The initial tranche involved the issuance of 4,531,999 [...]
Century Global Commodities today announced it is planning a spin-out transaction whereby a portion of the shares of its wholly owned subsidiary, Century Metals Inc. will be distributed pro-rata to shareholders of Century, by way of a dividend-in-kind. The Spin-out Transaction is expected to be completed during the second quarter of Century’s 2018-9 fiscal year and will be subject to approval of the listing of [...]
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