PolyMet has closed its previously announced private placement with Glencore AG, a wholly-owned subsidiary of Glencore International plc, issuing 13,333,333 common shares of the Company at US$1.50 per Share, for gross proceeds of US$20 million, and warrants to purchase 2,600,000 common shares of PolyMet at US$1.50 per share at any time until December 31, 2015, subject to mandatory exercise if certain conditions are
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