Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Moly Mines Limited T.MOL



TSX:MOL - Post by User

Comment by narmacon Apr 09, 2013 6:35pm
188 Views
Post# 21233833

RE: Moly directors in Hanlong's sights

RE: Moly directors in Hanlong's sights

TORONTO, ONTARIO--(Marketwired - April 9, 2013) - Moly Mines Limited (MOL.TO)(MOL.AX) refers to a report in today's West Australian that its majority shareholder Hanlong Mining Investments Pty Ltd (Hanlong) is to remove the Company's independent directors and advises as follows.

 

Hanlong and the Board are in discussions in relation to the future structure and composition of the Board. The Company will advise the market further once those discussions have concluded.

 

The Company also notes the report in today's Australian Financial Review that China EXIM Bank may have repossessed Hanlong's shareholding in the Company. The Company advises that it has sought clarification from Hanlong which has confirmed that no such action has been taken by China EXIM Bank.

<< Previous
Bullboard Posts
Next >>