5N Plus Amends its Normal Course Issuer Bid
Montreal - February 21, 2017 – 5N Plus today announced that the Toronto Stock Exchange (“TSX”) has approved an amendment to its normal course issuer bid (“NCIB”) implemented on October 11, 2016 (see Company’s news release of October 5, 2016). Under the NCIB, 5N Plus now has the right to purchase for cancellation, from October 11, 2016 to October 10, 2017, a maximum of 2,100,000 (previously 600,000) common shares, representing 4.73% of the 44,416,731 shares forming 5N Plus’ public float as at October 3, 2016.
Paul Tancell joins 5N Plus and is appointed Executive Vice President, Eco-Friendly Materials
Montreal - February 20, 2017 - 5N Plus is pleased to announce that Mr. Paul Tancell has been appointed Executive Vice President, Eco-Friendly Materials, effective February 20, 2017.
Mr. Tancell joins 5N Plus with over 20 years of experience across several international regions and industries, including automotive, chemical, minor and precious metals. He has held senior roles in business development, operations and general management in downstream markets related to minor and precious metals. Prior to joining 5N Plus, Mr. Tancell was Global General Manager of the Electro-Optic Materials Business Unit of Umicore, a global materials technology and recycling group headquartered in Belgium.