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                    [Title] => Lepanto eyes P1B from stock rights offer
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                    [DatePublished] => 2008-02-20 00:00:00
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                    [AuthorName] => Zinnia B. Dela Peña
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                    [ArticleID] => 291957
                    [Title] => Lepanto okays P850-M stock rights offering
                    [Summary] => The board of directors of Lepanto Consolidated Mining Co. has approved a stock rights offering estimated to raise about P850 million, the mining firm said in a disclosure to the Philippine Stock Exchange.


Lepanto said the rights offering will entitle shareholders on record as of Oct. 5 one share for every five shares held at P0.20 per share. The issue is expected to start on Oct. 25 although this is still subject to the approval of securities regulators.


Proceeds from the offering will be used to settle the company’s accounts with suppliers and local creditors. 

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                    [Title] => Lepanto resolves labor dispute
                    [Summary] => Lepanto Mining Corp. announced yesterday that the labor dispute at its mine site has already been resolved with the intervention of the Department of Labor and Employment (DOLE) which granted an increase in salary to employees.


In the disclosure to the Philippine Stock Exchange, Lepanto said the salary scale approved by DOLE is above normal industry standard which the mining firm is now implementing.


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ZIJIN MINING GROUP CO

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                    [Title] => Lepanto okays P850-M stock rights offering
                    [Summary] => The board of directors of Lepanto Consolidated Mining Co. has approved a stock rights offering estimated to raise about P850 million, the mining firm said in a disclosure to the Philippine Stock Exchange.


Lepanto said the rights offering will entitle shareholders on record as of Oct. 5 one share for every five shares held at P0.20 per share. The issue is expected to start on Oct. 25 although this is still subject to the approval of securities regulators.


Proceeds from the offering will be used to settle the company’s accounts with suppliers and local creditors. 

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                    [ArticleID] => 285349
                    [Title] => Lepanto resolves labor dispute
                    [Summary] => Lepanto Mining Corp. announced yesterday that the labor dispute at its mine site has already been resolved with the intervention of the Department of Labor and Employment (DOLE) which granted an increase in salary to employees.


In the disclosure to the Philippine Stock Exchange, Lepanto said the salary scale approved by DOLE is above normal industry standard which the mining firm is now implementing.


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abtest

Lepanto eyes P1B from stock rights offer

By Zinnia B. Dela Peña | February 20, 2008 - 12:00am

Business

Lepanto okays P850-M stock rights offering

By Zinnia B. Dela Peña | August 17, 2005 - 12:00am

The board of directors of Lepanto Consolidated Mining Co. has approved a stock rights offering estimated to raise about P850 million, the mining firm said in a disclosure to the Philippine Stock Exchange. Lepanto...

Business

Lepanto resolves labor dispute

By Zinnia B. Dela Peña | July 7, 2005 - 12:00am

Lepanto Mining Corp. announced yesterday that the labor dispute at its mine site has already been resolved with the intervention of the Department of Labor and Employment (DOLE) which granted an increase in salary...

Business