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IMIC Intl Min&IN Crp

9.75
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Intl Min&IN Crp LSE:IMIC London Ordinary Share GB00B5WJVL79 ORD 0.2P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 9.75 - 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Intl Min&IN Crp Share Discussion Threads

Showing 2401 to 2414 of 2425 messages
Chat Pages: 97  96  95  94  93  92  91  90  89  88  87  86  Older
DateSubjectAuthorDiscuss
25/8/2022
13:10
What happened here?
che7win
30/8/2021
15:13
Thank you both
parthus
30/8/2021
14:57
Aug 23 2013 09:11:49 ET
Management information circular - English

effortless cool
30/8/2021
14:57
Under the Arrangement, holders of Afferro Shares will receive consideration (the “Consideration”) to be satisfied by £1.20 per Afferro Share:
• £0.80 in cash, plus
• A 2-year unsecured convertible note issued by IMIC (the “Convertible Note”) with principal amount of £0.40, carrying simple annual interest of 8% payable at maturity and having a conversion right described in the accompanying Information Circular.

IMIC has also agreed to purchase, in cash, all of the currently issued and outstanding Afferro stock options (“Afferro Options”) for (i) in respect of each Afferro Option that is “in the money” on the Effective Date (as defined below), an amount equal to the difference between: (A) £1.20; and (B) the exercise price of such Afferro Option (the exercise price of such Afferro Option being converted from Canadian dollars if necessary on the basis of the Bank of Canada noon exchange rate three (3) Business Days prior to the Effective Date); and (ii) in respect of each Afferro Option that is “out of the money” on the Effective Date, nil.

effortless cool
30/8/2021
12:43
parthus,

I found a post of mine on the old AFF thread which might point in the right direction.



What we need is the Stock Exchange RNS announcing the deal.
Surely the history is available?
I'll keep looking.

Perhaps deltrotter could help? lol

horneblower
27/8/2021
13:05
I have been speaking to Anthony Campbell (Insolvency).
I explained that we were shafted by the Directors in that they received 40p in cash where we were forced to accept Loan Notes.
He was unaware of this, having recently been appointed in March this year.
He asked me to send proof of the above.
Unfortunately I have spent a great deal of time to locate the Director's terms.....unsuccessfully
Can anybody help please ?
These Directors should at least feel uncomfortable with possible questioning !

Many thanks

parthus
06/7/2021
12:37
As I see it this a different company doing business as mortgage broker.
WOULD like also to know what happened with Imic plc. The administration process has been terminated, I guess they have in the meanwhile liquidated the company. Wonder if they have obtained some proceeds and how they will pay them out.

milanista11
06/7/2021
12:26
There seems to have been a development. IMIC registered office is now in Birmingham with a restructuring company. I plan to contact them and find out what is going on. Have the mining rights been sold? Anyone know?
dickturpin39
08/4/2021
13:32
The administrator's Final Report and the Notice of Court Order ending the administration is available for download here -

The Case Code is I0488LON.

speedsgh
08/2/2021
10:14
I am sorry to hear that. Iron Ore at the price it is.

Well, I learned my lesson on this one.

Cheers

Del

deltrotter
06/2/2021
13:41
Now ending administration, entering compulsory liquidation, no surprises there...
diesel
26/11/2020
10:21
Will they all go to jail?
horneblower
23/11/2020
08:47
Good luck guys!
deltrotter
10/9/2020
11:42
Exactly rossannan.

While I breathe I hope.

Good luck all!

deltrotter
Chat Pages: 97  96  95  94  93  92  91  90  89  88  87  86  Older

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