Examples of Glencore PLC in a sentence
On January 29, 2017, the Company entered into a pre-payment facility for $15.0 million with Metagri S.A. de C.V., a subsidiary of Glencore PLC (“Glencore”), to fund a portion of the development costs for the San Rafael project within the Cosalá district of Sinaloa, Mexico (the “Pre-Payment Facility”).
Bracemac-McLeod Royalty Glencore PLC Sandstorm has a 3% NSR based on 100% of the production from the Bracemac-McLeod property located in Matagami, Quebec, Canada (“Bracemac-McLeod” or the “Bracemac-McLeod Mine”) which is owned and operated by a subsidiary of Glencore PLC (“Glencore”).
Hackett River Royalty Glencore PLC The Company has a 2% NSR on the Hackett River property located in Nunavut, Canada (the “Hackett River Project” or “Hackett River”) which is owned by a subsidiary of Glencore.
Glencore pre-payment facility On January 29, 2017, the Company entered into a pre-payment facility for $15.0 million with Metagri S.A. de C.V., a subsidiary of Glencore PLC (“Glencore”), to fund a portion of the development costs for the San Rafael project within the Cosalá district of Sinaloa, Mexico (the “Pre-Payment Facility”).
On January 29, 2017, the Company entered into a pre-payment facility of up to $15 million with Metagri S.A. de C.V., a subsidiary of Glencore PLC ("Glencore"), to fund a portion of the development costs for the San Rafael project within the Cosalá district of Sinaloa, Mexico.
Hackett River Royalty Glencore PLC On January 19, 2016, the Company acquired a 2% NSR on the Hackett River property located in Nunavut, Canada (the “Hackett River Project” or “Hackett River”) which is owned by a subsidiary of Glencore.
During the first quarter, the Company obtained a low-interest, $15.0 million concentrate pre-payment facility with a subsidiary of Glencore PLC to fund a portion of the project costs for San Rafael.
Bracemac-McLeod Royalty Glencore PLC Sandstorm has a 3% NSR based on 100% of the production from the Bracemac-McLeod property located in Matagami, Quebec, Canada (“Bracemac-McLeod” or the “Bracemac-McLeod Mine”) which is owned and operated by a subsidiary of Glencore Xstrata plc (“Glencore”).
Though the Company had the necessary cash on hand to build San Rafael, a low interest rate $15 million concentrate pre-payment facility was entered in January 2017 and drawn in full late March 2017 with Metagri S.A de C.V., a subsidiary of Glencore PLC (“Glencore”), to fund a portion of the development costs for San Rafael in an effort to maintain corporate flexibility and further optimize San Rafael.The Company commenced construction in October 2016 after Board approval in September 2016.
Issuer Shares/Par Value ($) Common Stocks – continued Major Banks – continued UBS AG 9,742,957 $179,380,470 $1,156,868,229 Metals & Mining – 4.0% Glencore PLC 11,499,435 $68,208,235 Rio Tinto PLC 2,394,543 186,023,104 $254,231,339 Network & Telecom – 0.6% LM Ericsson Telephone Co., “B” 4,295,911 $39,865,350 Other Banks & Diversified Financials – 2.4% AIB Group PLC 19,329,390 $50,866,715 Julius Baer Group Ltd.