PR Newswire: news distribution, targeting and monitoring
2014
See more news releases in Banking & Financial Services  | Mining & Metals

Magnetation LLC Announces Second Quarter 2013 Results of Operations Release Date and Conference Call

Share with Twitter Share with LinkedIn

GRAND RAPIDS, Minn., July 23, 2013 /PRNewswire/ -- Magnetation LLC ("Magnetation") announced that it will hold a conference call on Wednesday, August 14, 2013, at 10:00 a.m. Central Time to discuss financial results for the three and six months ended June 30, 2013. The second quarter and year-to-date financial results will be available on magnetation.org/portal no later than August 9, 2013.

To access the financial results and login information for the conference call, a party must pre-register and certify that it is eligible for such access. Pursuant to the indenture dated May 20, 2013 among Magnetation, Mag Finance Corp., as Co-Issuer, and Wells Fargo Bank, National Association, as Trustee and Collateral Agent, relating to the 11.0% Senior Secured Notes due 2018 (the "Notes"), access to the financial results and conference call will be available only to the following:

a)      the Trustee;
b)      registered holders of the Notes;
c)      beneficial owners of the Notes;
d)      prospective purchasers of the Notes who have certified to Magnetation that they are "qualified institutional buyers" as defined by Rule 144A of the Securities Act or "non-U.S. persons" as defined by Regulation S of the Securities Act;
e)      securities analysts who cover or intend to cover Magnetation and the Notes; and
f)       market makers who make or intend to make a market in the Notes.

If you meet one or more of the criteria set forth above and would like to access, but have not yet been granted access to magnetation.org/portal, please contact Joe Broking, Chief Financial Officer prior to the close of business on August 7, 2013.

Magnetation LLC:

Magnetation LLC is a joint venture between Magnetation, Inc. (50.1% owner) and AK Steel Corporation (49.9% owner).  Magnetation LLC reclaims high-quality iron ore concentrate from previously abandoned iron ore waste stockpiles and tailings basins.  Currently, Magnetation LLC owns and operates two reclamation plants located in Keewatin, MN and Taconite, MN.  Magnetation LLC is constructing a 3 million metric tonne per year iron ore pellet plant in Reynolds, Indiana and an additional concentrate reclamation plant located northwest of Coleraine, MN.  Additional information about the company is available at www.magnetation.com.

SOURCE Magnetation LLC



RELATED LINKS
http://www.magnetation.com

Featured Video

Journalists and Bloggers

Visit PR Newswire for Journalists for releases, photos, ProfNet experts, and customized feeds just for Media.

View and download archived video content distributed by MultiVu on The Digital Center.

Share with Twitter Share with LinkedIn
 

Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

 

 
 

PR Newswire Membership

Fill out a PR Newswire membership form or contact us at (888) 776-0942.

 
 

Learn about PR Newswire services

Request more information about PR Newswire products and services or call us at (888) 776-0942.

 
Area to test

Online Member Center

Not a Member?
Click Here to Join
Login
Search News Releases
Advanced Search
Search
  1. PR Newswire Services
  2. Knowledge Center
  3. Browse News Releases
  4. Contact PR Newswire
  5. Send a News Release