PolyMet hopes to raise $60M through common share offer

Apr 12, 2013 | 10:23 AM | Suzy Waite

Tags  PolyMet Mining, Poly Met Mining, NorthMet, Glencore International, Jon Cherry, copper, nickel, Suzy Waite

NEW YORK — PolyMet Mining Corp., a copper-nickel-precious metals mine development company, is aiming to raise up to $60 million through a common share offering.

In addition, Glencore International AG, a subsidiary of Baar, Switzerland-based Glencore International Plc, will offer a $20-million loan to PolyMet subsidiary Poly Met Mining Inc. to fund operations. The loan also will allow the St. Paul, Minn.-based company to....

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