5N Plus Announces Normal Course Issuer Bid
Montreal, Québec, October 5, 2016 – 5N Plus today announced that the Toronto Stock Exchange (“TSX”) has approved 5N Plus’ normal course issuer bid (“NCIB”). Under the NCIB, 5N Plus has the right to purchase for cancellation, from October 11, 2016 to October 10, 2017, a maximum of 600,000 common shares, representing 1.35% of the 44,416,731 shares forming 5N Plus’ public float as at October 3, 2016.
5N Plus Announces Footprint Optimization Initiatives
Montreal, Québec, September 29, 2016 – 5N Plus announced today its intention to consolidate the Company’s operations at Wellingborough, U.K. with other sites within the Group. In addition, the Company will consolidate the operations of DeForest-Wisconsin, U.S.A. and Fairfield-Connecticut, U.S.A. during the first half of 2017 into a newly updated and scaled facility, located in the state of Connecticut.
5N Plus Releases 5-Year Strategic Plan
Montreal, Québec, September 12, 2016 – 5N Plus today released the highlights of a five year strategic plan (5N21 Plan) aimed at improving its profitability along with reducing its volatility exposure.