PolyMet Mining Corp PolyMet announces preliminary results for rights offering

PolyMet Mining Corp PolyMet announces preliminary results for rights offering
St. Paul, Minnesota–(Newsfile Corp. – April 5, 2023) – PolyMet Mining Corp. (TSX: POM) (NYSE American: PLM) (“PolyMet” or the “company”) today announced preliminary results that indicate successful conclusion of its approximately US$195 million rights offering following the expiration of the subscription period, at 5:00 p.m. (Toronto time) on April 4, 2023. The company intends to use the net proceeds of the rights offering and standby commitment for: (a) repayment of costs related to the rights offering and repayment of all of its unsecured and secured and convertible debt owed to Glencore AG (“Glencore”) which, as at January 31, 2023,…

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