Trafigura Beheer B.V. holdings in Revett Minerals Inc. (TSX: RVM)
TORONTO, Oct. 22 /CNW/ - Trafigura Beheer B.V. ("Trafigura") announces that today it acquired 10,000,000 common shares ("Common Shares") of Revett Minerals Inc. ("Revett"), pursuant to the exercise of warrants that were acquired in connection with the restructuring of a note. The warrants were exercised at a price of USD$0.20 per share.
Trafigura now exercises control or direction over an aggregate of 18,333,333 Common Shares, representing approximately 11.74% of the outstanding Common Shares.
Trafigura has acquired the Common Shares for investment purposes. Depending on market and other conditions, Trafigura may change its beneficial ownership of, or control or direction over, Common Shares through market transactions, private agreements, treasury issuances, exercise of warrants or otherwise.
Trafigura is one of the world's leading international commodity traders, specializing in the oil, minerals and metals market, with 67 offices in 44 countries in Europe, Africa, Asia, Australia, and North, Central and South America. Its principal corporate offices are in Amsterdam, London and Lucerne.
In connection with this news release an early warning report has been filed by Trafigura in accordance with applicable securities laws.
This press release has been issued in order to comply with applicable securities legislation.
For further information:
Share this article