Sisecam Resources LP Announces Anticipated Closing Date of Merger, Intention to Delist Its Common Units and Cash Distribution
- None.
- The merger may negatively impact the stock price of Sisecam Resources LP (SIRE) as the common units will be delisted from the NYSE.
Upon the closing of the Merger on the terms and conditions set forth in the Merger Agreement, unitholders will be entitled to receive the merger consideration as set forth in the Merger Agreement. Following completion of the Merger, the Partnership will be a wholly-owned subsidiary of the Purchaser and the general partner of the Partnership, and the common units of the Partnership will cease to be listed on the NYSE and will be deregistered under the Securities Exchange Act of 1934.
In connection with the closing of the Merger, the board of directors of the general partner of the Partnership unanimously approved a distribution adjusted pro rata for the quarter of
ABOUT SISECAM RESOURCES LP
Sisecam Resources LP, a master limited partnership, operates the trona ore mining and soda ash production business of Sisecam Wyoming LLC, one of the largest and lowest cost producers of natural soda ash in the world, serving a global market from its facility in the Green River Basin of
FORWARD-LOOKING STATEMENTS
This press release may contain forward-looking statements. Statements other than statements of historical facts included in this press release may constitute forward-looking statements and are not guarantees of future performance or results and involve a number of risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described in the Partnership's filings with the United States Securities and Exchange Commission. The Partnership undertakes no duty to update any forward-looking statement made herein. All forward-looking statements speak only as of the date of this press release.
Qualified Notice
This release is intended to be a qualified notice to nominees as provided for under Treasury Regulation Section 1.1446-4(b)(4) and (d). Please note that 100 percent of the Partnership's distributions to foreign investors are attributable to income that is effectively connected with a
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Investor Relations
M. Nedim Kulaksizoglu
Chief Financial Officer
(770) 375-2321
NKULAKSIZOGLU@sisecam.com
Source: Sisecam Resources LP
FAQ
What is the anticipated closing date of the merger transaction?
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