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IntlMining&InfraCorpPLCOrd0.2P (IMIC)

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21-Apr-2015 07:57 AM

IMIC bond restructuring

International Mining & Infrastructure Corporation has invited holders of its US$30m 8.75% bond due 2016 to approve a proposal to modify certain terms and conditions, in line with those announced on 17 April in connection with other outstanding bonds. I
17-Apr-2015 01:03 PM

IMIC agrees bond restructuring

International Mining & Infrastructure Corporation has reached an agreement with existing bondholders in relation to a restructuring of its existing 8.125% unsecured bond instrument with a drawable value of up to US$50m, of which US$10m was drawn down in
31-Mar-2015 07:54 AM

IMIC losses rise

International Mining & Infrastructure Corporation posts a loss attributable to shareholders of US$16.9 million for the six months to the end of December compared with a restated loss of US$6.6 million a year ago. The loss per share for the six months en
03-Mar-2015 08:50 AM

IMIC confirms significant resource increase at Ntem

International Mining & Infrastructure Corporation has confirmed a significant increase in the indicated resource at its 100%-owned Ntem iron ore project in Cameroon. Highlights: · Total Mineral Resources increased by 60.8 Mt in total Indicated a
19-Feb-2015 01:54 PM

IMIC appoints consultant

International Mining & Infrastructure Corporation has appointed Venture Development Partners, represented by Graeme Hossie and colleagues, as a consultant to the company with immediate effect in connection with fundraising initiatives and key strategic d
12-Jan-2015 09:44 AM

IMIC appoints CITIC for China fundraising

International Mining & Infrastructure Corporation has appointed CITIC Securities Co in connection with the raising of financing in China. CITICS - a leading full-service investment bank in China - will seek to provide access to new sources of capita
08-Jan-2015 09:46 AM

IMIC short term loan conversion

International Mining & Infrastructure Corporation non-executive chairman Ethelbert Cooper has increased his beneficial interest to 17.64%. This follows African Iron Ore Group's decision to convert $3,000,000 of the $5,800,000 short term loan which
31-Dec-2014 07:35 AM

IMIC losses rise after 'transformational year'

International Mining & Infrastructure Corporation posts pre-tax losses of $43.4m for the year to the end of June - up from $9.6m last time. The group says the results for the year reflect substantially increased activity following the acquisition of Affe
22-Dec-2014 09:58 AM

IMIC agrees loan; raises £1.27m

International Mining & Infrastructure Corporation has agreed a short term loan agreement of $5.8m from African Iron Ore Group and raised £1.27m via a subscription for 12,738,854 ordinary shares at 10p apiece. The loan, which is unsecured, is repayable
06-Oct-2014 07:30 AM

IMIC encouraged by resource increase at Nkout

International Mining & Infrastructure Corporation has issued an updated mineral resource estimate for the Nkout iron ore project in Cameroon which substantially increases the tonnage of oxidised resource in the indicated category. Highlights: ·
15-Aug-2014 09:37 AM

IMIC director steps down

International Mining & Infrastructure Corporation has announced that James Ward, who has held the part-time position of the company's finance director since 2011, is stepping down from the board with immediate effect owing to other commitments. He
13-Aug-2014 02:28 PM

IMIC bond redemption date changed

The final redemption date for International Mining and Infrastructure Corporation's $50,000,000 8.125% bonds due 2014 has been changed to 18 October 2015. IMIC said bondholders had passed an extraordinary resolution approving a modification to the
22-Jul-2014 08:06 AM

IMIC non-exec Rilwanu Lukman dies

International Mining & Infrastructure Corporation non-executive director Dr Rilwanu Lukman KBE has died. He had been a non-executive director of the company since January 2012. Chairman Haresh Kanabar said: "It is deeply saddening to announce the p
27-Mar-2014 09:18 AM

IMIC posts H1 profit

International Mining & Infrastructure Corporation's operating losses rose to $10.4m in the six months to the end of December - up from $2.4m last time. But the group - which is focused on unlocking the value of iron ore in Africa - posts an interim
24-Mar-2014 08:53 AM

International Mining and Infrastructure Corporation to present at London Mining and Resources Invest

International Mining and Infrastructure Corporation Plc (IMIC) [LON:IMIC] (IMIC.L) the investor in West and Central African iron ore mining, will be presenting at the Shares Mining and Resources Investor Evening in London on 24th April 2014. The Evening o
17-Mar-2014 07:43 AM

IMIC accelerated production plan at Ntem

International Mining & Infrastructure Corporation has unveiled an accelerated production plan for the Ntem project in Cameroon. Ntem is located 80km from the Cameroon coast and offers the opportunity of near term production. Since its acquisition of A
19-Dec-2013 07:32 AM

IMIC completes acquisition of Afferro

International Mining & Infrastructure Corporation says the court order for its acquisition of Afferro Mining has now been filed in British Columbia and the deal will become effective at 8.a.m (GMT) today (19 December). Story provided by StockMarketWi
04-Dec-2013 01:42 PM

IMIC resolutions passed at AGM

International Mining & Infrastructure Corporation has confirmed that all resolutions put to its shareholders at its annual general meeting today (4 December) were passed. At 1:42pm: (LON:IMIC) International Mining & Infrastructure Corp PLC share price w
20-Nov-2013 08:18 AM

IMIC agrees $27m bank facility

International Mining & Infrastructure Corporation has agreed a US$27m facility with Banque Atlantique Cameroun. Draw down of the facility is conditional upon completion of the proposed acquisition of Afferro announced in May and will then be secured aga
18-Oct-2013 07:28 AM

IMIC operating losses rise

International Mining & Infrastructure Corporation posts operasting losses of £3.2m for the year to the end of June - up from £0.6m last time. IMIC has recorded a loss after tax of £6,146,377 (2012: £1,562,108) equating to a loss per share of 10.2p (2
10-Oct-2013 08:49 AM

Court sanctions IMIC-Afferro plan of arrangement

The British Columbia Supreme Court has approved the plan of arrangement for International Mining & Infrastructure Corporation's proposed acquisition of Afferro Mining. Completion remains conditional on shareholder and regulatory approvals. At 8:4
26-Sep-2013 08:25 AM

IMIC appoints head of corporate development and IR

International Mining & Infrastructure Corporation has appointed Will Smith as head of corporate development and investor relations. Smith joins the IMIC team with an impressive track record in corporate broking, most recently at Bank of America Merrill
19-Sep-2013 08:00 AM

IMIC appoints chief operating officer

International Mining & Infrastructure Corporation has appointed Mohamedoune Khalifa Ould Beyah in the newly created position of chief operating officer. Chairman Haresh Kanabar said: "We are delighted to welcome Khalifa to the team at IMIC as chief
17-Sep-2013 07:33 AM

IMIC welcomes Afferro vote

International Mining & Infrastructure Corporation has noted that its takeover of Afferro Mining has been backed by that company's shareholders and optionholders. IMIC says it is pleased that Afferro securityholders have voted in favour of its propo
16-Sep-2013 07:37 AM

IMIC appoints Wonderful Sky Financial Group

International Mining & Infrastructure Corporation has appointed Wonderful Sky Financial Group as the regional public relations consultant for Hong Kong, Mainland China and south-east Asia. Story provided by StockMarketWire.com...
 
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