AI assistant
Coeur Mining, Inc. — Capital/Financing Update 2009
May 18, 2009
30519_rns_2009-05-18_96749fd3-8531-4936-a58c-0bb9090460ea.zip
Capital/Financing Update
Open in viewerOpens in your device viewer
8-K 1 cmw4299.htm CURRENT REPORT MARKER FORMAT-SHEET="Head Major Center Bold-TNR" FSL="Project"
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549
MARKER FORMAT-SHEET="Head Major Center Bold-TNR" FSL="Project"
FORM 8-K
MARKER FORMAT-SHEET="Head Major Center Bold-TNR" FSL="Project"
CURRENT REPORT
MARKER FORMAT-SHEET="Head Minor Center Bold-TNR" FSL="Project"
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
MARKER FORMAT-SHEET="Head Minor Center Bold-TNR" FSL="Default"
Date of Report (Date of earliest event reported): May 18, 2009
| COEUR DALENE MINES CORPORATION |
|---|
| (Exact name of Registrant as specified in its charter) |
| Idaho | 1-8641 | 84-0109423 |
|---|---|---|
| (State or Other Jurisdiction of | (Commission File Number) | (I.R.S. Employer |
| Incorporation) | Identification No.) |
| 505 Front Avenue, | 83814 |
|---|---|
| Coeur dAlene, Idaho | (Zip Code) |
| (Address of Principal Executive Office) |
MARKER FORMAT-SHEET="Head Minor Center-TNR" FSL="Project"
Registrants telephone number, including area code: (208) 667-3511
| Not Applicable |
|---|
| (Former name or former address, if changed since last report) |
MARKER FORMAT-SHEET="Page Rule Single" FSL="Default" MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project"
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
MARKER FORMAT-SHEET="Para Hang Lv 0-TNR" FSL="Project"
[_] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
MARKER FORMAT-SHEET="Para Hang Lv 0-TNR" FSL="Project"
[_] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
MARKER FORMAT-SHEET="Para Hang Lv 0-TNR" FSL="Project"
[_] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
MARKER FORMAT-SHEET="Para Hang Lv 0-TNR" FSL="Project"
[_] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
MARKER PAGE="; page: 1" MARKER FORMAT-SHEET="Para Hang Lv 0-TNR" FSL="Project"
Item 8.01 Other Events.
MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project"
On May 18, 2009, the Company announced its plans for effecting a reverse stock split of the Companys common stock at a split ratio of 1-for-10. The Companys stockholders previously approved a proposal authorizing the board to effect a reverse stock split at a split ratio of 1-for-10 at the Companys annual meeting of stockholders held on May 12, 2009.
MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project"
The reverse stock split will become became effective at 6:01 p.m., Eastern Time, on May 26, 2009 (the Effective Time). As a result of the reverse stock split, every ten shares of the Companys common stock issued and outstanding immediately prior to the Effective Time will automatically be combined into one issued and outstanding share of common stock, subject to the treatment of fractional shares as described in the Companys definitive proxy statement filed with the Securities and Exchange Commission on April 1, 2009 (the Proxy Statement). As a result of the reverse stock split, the number of outstanding CHESS Depositary Interests (CDIs) of the Company will also be reduced by the 1-for-10 split ratio.
MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project"
Our common stock will continue to trade on the New York Stock Exchange under the current symbol CDE and on the Toronto Stock Exchange under the current symbol CDM and our CDIs will continue to be listed on the Australian Securities Exchange under the symbol CXC. The new CUSIP number of our common stock will be 192108504.
MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project"
For additional information regarding the reverse stock split, stockholders and CDI holders should review the Companys Proxy Statement, which is available on the SECs website, www.sec.gov, and the Companys website, www.coeur.com.
MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project"
The Company issued a press release on May 18, 2009 announcing its plans for effecting the reverse stock split, a copy of which is attached hereto as Exhibit 99.1.
MARKER FORMAT-SHEET="Footnote Rule-TNR" FSL="Project" MARKER FORMAT-SHEET="Para Hang Lv 0-TNR" FSL="Project"
Item 9.01 Financial Statements and Exhibits
MARKER FORMAT-SHEET="Para Hang Lv 0-TNR" FSL="Project"
(d) Exhibits
MARKER FORMAT-SHEET="Para Hang Lv 2-TNR" FSL="Project"
99.1 Press Release dated May 18, 2009
MARKER FORMAT-SHEET="Head Minor Center-TNR" FSL="Project"
SIGNATURES
MARKER FORMAT-SHEET="Para Indent Lv 0-TNR" FSL="Default"
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
| COEUR DALENE MINES CORPORATION | |
|---|---|
| (Registrant) | |
| Dated: May 18, 2009 | By: /s/ Mitchell J. Krebs |
| Senior Vice President and | |
| Chief Financial Officer |
MARKER FORMAT-SHEET="Page Number Center" FSL="Project"
2