BRIEF-Molycorp cancels its shares in Molibdenos y Metales

martes 6 de septiembre de 2016 02:47 GYT
 

Sept 6 (Reuters) - Molibdenos y Metales SA :

* Said on Monday, as part of emerging from bankruptcy proceedings under US law, all 46.7 million shares held by Molycorp in Molibdenos y Metales were cancelled

* Molycorp bought stake in Molibdenos y Metales in March 2012; value of the investment dropped from $598.8 million to $1.45 million as of June 30, 2016

Source text: bit.ly/2cfW6kD

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(Gdynia Newsroom)