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Nyrstar NV (NYR.BR)

NYR.BR on Brussels Stock Exchange

6.00EUR
15 Dec 2017
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€-0.10 (-1.64%)
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Latest Key Developments (Source: Significant Developments)

Nyrstar launches equity placement of new shares worth about 100 million euros
Tuesday, 14 Nov 2017 

Nov 14 (Reuters) - NYRSTAR NV ::REG-NYRSTAR LAUNCHES AN EQUITY PLACEMENT OF APPROXIMATELY EUR 100 MILLION WORTH OF NEW SHARES.‍ISSUE PRICE PER NEW SHARE AND NUMBER OF NEW SHARES PLACED TO BE ANNOUNCED BEFORE OPENING OF TRADING 15 NOV 2017​.IF PLACEMENT IS NOT COMPLETED TRADING IN NYRSTAR SHARES ON EURONEXT BRUSSELS WILL BE SUSPENDED​.‍J.P. MORGAN SECURITIES PLC. AND KBC SECURITIES NV ARE ACTING AS JOINT BOOKRUNNERS IN PLACEMENT​.  Full Article

Nyrstar consolidates 100 mln euros additional senior notes with notes due 2024
Friday, 10 Nov 2017 

Nov 10 (Reuters) - NYRSTAR NV ::REG-NYRSTAR CONFIRMS THE CONSOLIDATION OF €100,000,000 ADDITIONAL SENIOR NOTES WITH THE ORIGINAL €400,000,000 SENIOR NOTES DUE 2024.  Full Article

Nyrstar nv in 2018 aims to deliver a substantial earnings uplift from the north american mining operations ‍​
Tuesday, 31 Oct 2017 

Nyrstar Nv :Q3 zinc metal processing production ‍​247,000 tonnes (not 245,000 tonnes) versus 245,000 tonnes year ago.‍group underlying ebitda1 of eur 162 million for first nine months of 2017, an increase of 35%​.Q3 group revenue eur 824‍​ million versus eur 656 million year ago.Q3 lead metal processing production 39‍​,000 tonnes versus 48,000 tonnes year ago.Q3 zinc in concentrate production 34‍​,000 tonnes versus 22,000 tonnes year ago.In 2018 aims to deliver a substantial earnings uplift from the north american mining operations ‍​.  Full Article

Nyrstar announces restart of Middle Tennessee Mines to increase cash flow
Tuesday, 27 Sep 2016 

Nyrstar NV : Nyrstar announces restart of Middle Tennessee Mines to increase cash flow . Cash flow will be generated from higher zinc prices, and from increasing Nyrstar's flexibility to optimize feed book across company . Ore production to commence during Q1 2017, and mill processing operations to commence in Q2 2017 . Capital costs of re-start are estimated to be approximately USD$14 million, to occur over 12 months until mill is at full production . Strategy of divesting Nyrstar mining assets has not changed and on-going mine divestment process will continue . "confident that we will see a smooth transition into production and reintegration with operations at East Tennessee Mines and Clarksville" - CEO . Restart will deliver a net cash benefit across company .Full capacity of 50,000 tonnes per annum of zinc in concentrate is expected to be reached by November 2017.  Full Article

Nyrstar H1 group EBITDA halves to 84 mln euros
Monday, 8 Aug 2016 

Nyrstar NV : Reports H1 revenue of 1.35 billion euros ($1.50 billion) versus 1.48 billion euros a year ago . H1 group EBITDA is 84 million euros versus 167 million euros a year ago . H1 loss is 242 million euros versus a loss of 250 million euros a year ago . H1 zinc metal processing production 507,000 tonnes versus 560,000 tonnes year ago . H1 lead metal processing production 95,000 tonnes versus 85,000 tonnes year ago . H1 zinc in concentrate mining production 65,000 tonnes versus 106,000 tonnes year ago . H1 lead in concentrate mining production 3,200 tonnes versus 6,600 tonnes year ago . Says ahead of target for its metals processing and corporate operating cost savings . Significant reduction in cash consumption of mining segment and group cost reductions ahead of plan .Mining divestment advancing with sale of El Toqui announced and further divestments expected in H2 2016.  Full Article

Nyrstar places 115 million euro convertible bonds due 2022
Wednesday, 6 Jul 2016 

Nyrstar NV : Places EUR 115 million ($127.49 million) convertible bonds due 2022 . Bonds will be issued at 100% of their principal amount and will have a coupon of 5% per annum . Intends to convene an extraordinary general shareholders' meeting to authorise issuance of new ordinary shares upon conversion of bonds . Listing of bonds on open market of Frankfurt Stock Exchange expected to take place no later than three months following closing of offering . Conversion price was set at EUR 9.60 .Closing and settlement of offering are expected to take place on or around July 11.  Full Article

Nyrstar launches offering of up to 150 mln euro convertible bond
Wednesday, 6 Jul 2016 

Nyrstar NV : Launches an offering of up to 150 million euro ($165.8 million) convertible bonds due 2022 . Bonds will be issued at 100 pct of their principal amount and are expected to have a coupon of between 4.50-5.00 pct per annum, payable semi-annually in equal installments in arrear . Closing and settlement of offering are expected to take place on or around July 11, 2016 . Option to increase offering with an amount of up to 35 million euros . Conversion price is expected to be set at a premium of between 27.00-35.00 pct of volume weighted avg price of ordinary shares on Euronext Brussels from launch to pricing .Nyrstar confirms that it is continuing to make progress with divestment of its mining assets.  Full Article

Nyrstar sells El Toqui mine for $25 million to Laguna Gold Limited
Monday, 27 Jun 2016 

Nyrstar NV : Sale of the El Toqui mine for a total cash consideration of USD 25 million and price participation . Entered into a share purchase agreement to sell its El Toqui mine in Chile to Laguna Gold Limited . Consideration payable to Nyrstar consists of USD 12 million payable in cash by closing of transaction and USD 13 million in milestone cash payments over a four year period following closing of transaction . Transaction is part of formal sale process for all or majority of Nyrstar's mining assets which was formally launched in January 2016 . Nyrstar and Laguna have also agreed to enter into an off-take agreement in which Laguna will sell to Nyrstar 100 pct of zinc concentrate production from El Toqui for four years .Laguna will sell to Nyrstar 85 pct of zinc concentrate production thereafter.  Full Article

Nyrstar announces new conversion price convertible bonds
Thursday, 9 Jun 2016 

Nyrstar NV : Conversion price of 2018 convertible bonds has been adjusted following 1-for-10 reverse stock split . All outstanding shares of company were consolidated into a new and reduced number of shares at ratio of one new share for ten existing shares . New conversion price is 21.63 euros ($24.66) per Nyrstar share .Conversion price adjustment became effective on June 9, 2016.  Full Article

Nyrstar announces details of 1-for-10 reverse stock split
Friday, 20 May 2016 

Nyrstar NV : Nyrstar announces details of 1-for-10 reverse stock split . Anounces its intention to implement a share consolidation with respect to all outstanding shares by means of a 1-for-10 reverse stock split (RSS) . All outstanding shares of company shall be consolidated into a new and reduced number of shares at ratio of one new share for ten existing shares .Last trading day of existing shares of company will be June 6, 2016 and RSS will be effective as of June 9, 2016.  Full Article

BRIEF-Nyrstar placed 15.4 mln new shares at price of Euro 6.50 per share​

* placed 15.4 million new shares in private placement at a price of eur 6.50 per share​ Source text for Eikon: Further company coverage: