DENVER, CO, May 28, 2015 /CNW/ - Thompson Creek Metals
Company Inc. (NYSE: TC) (TSX: TCM) ("Thompson Creek" or the
"Company") announced today that it has satisfied all of its
obligations with respect to the remaining 6.50% Tangible Equity
Units ("TMEDS") that were issued in May
2012. Effective May 15, 2015
(the "mandatory settlement date"), the prepaid share purchase
contract portion of each outstanding TMED unit was automatically
settled at the maximum settlement rate of 5.3879 shares of common
stock. Thompson Creek issued a total of 6,105,210 shares of
common stock in connection with such settlement. Thompson Creek has
also made the final installment payment on the amortizing note
portion of each outstanding TMED unit, satisfying in full the
principal and interest payments on the TMEDS. The mandatory
settlement and final installment payment were made pursuant to the
terms of the prospectus dated May 8,
2012, under which the TMEDS were offered in May 2012.
About Thompson Creek Metals Company Inc.
Thompson Creek Metals Company Inc. is a North American mining
company. The Company's principal operating property is its
100%-owned Mount Milligan mine, an open-pit copper and gold mine
and concentrator in British
Columbia. The Company's molybdenum assets consist of its
100%-owned Thompson Creek Mine, an open-pit molybdenum mine and
concentrator in Idaho, its 75%
joint venture interest in the Endako Mine, an open-pit molybdenum
mine, concentrator and roaster in British
Columbia, and its Langeloth Metallurgical Facility in
Pennsylvania. The Company's development projects include the
Berg property, a copper, molybdenum, and silver exploration
property located in British
Columbia and the Maze Lake property, a gold exploration
project located in the Kivalliq District of Nunavut, Canada. The Company's principal
executive office is located in Denver,
Colorado. More information is available at
www.thompsoncreekmetals.com.
SOURCE Thompson Creek Metals Company Inc.