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Message: Susan found this gmo tidbit

Susan found this gmo tidbit

posted on Apr 19, 2010 12:04PM

Monday, April 19, 2010

12:00 pm EST - General Moly Inc. : said that the company and ArcelorMittal have entered into a Consent and Waiver Agreement, whereby ArcelorMittal would waive its anti-dilution rights with respect to the company's proposed issuance of stock as per the Hanlong investment announced on March 5. ArcelorMittal would retain anti-dilution rights for future issuances of company stock outside of shares sold under the Hanlong investment, according to the company. General Moly Inc. (T.GMO) shares were down $0.05 at $3.67.

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