AMENDMENT: FIRST QUANTUM MINERALS ANNOUNCES SENIOR NOTES OFFERING (In United States dollars, except where noted otherwise)
NEWS RELEASE
17-06
March 10, 2017
www.first-quantum.com
AMENDMENT: FIRST QUANTUM MINERALS ANNOUNCES SENIOR NOTES OFFERING
(In United States dollars, except where noted otherwise)
First Quantum Minerals Ltd. (“First Quantum” or the “Company”, TSX Symbol “FM”) today announced that it is launching
an offering of $1,600 million of Senior Notes due 2023 and 2025 (the "Notes").
The Notes will be senior obligations of the Company and will be guaranteed by certain of the Company's subsidiaries. Interest will
be payable semi-annually. The interest rate, offering price and principal amount of each series of the Notes along with certain other
terms will be determined at the time of pricing of the offering, subject to market conditions.
The Company intends to use the proceeds of the offering to refinance the Company's existing senior notes due 2019 and 2020 by
way of a tender offer and redemption , repay certain other senior debt and pay fees associated with the offering. The Company has
prepared an offering memorandum which will be made available to selected prosp ective purchasers of the Notes.
This announcement is not an offer of securities for sale in the United States or any other jurisdiction. Securities may not b e offered
or sold in the United States unless they are registered or are exempt from registration. The Company does not intend to register any
portion of this offering in the United States or to conduct a public offering in the United States or any other jurisdiction. Any public
offering of securities to be made in the United States would be made by me ans of a prospectus that would contain detailed
information about the Company and its management, as well as financial statements.
It may be unlaw ful to distribute this announcement in certain jurisdictions. The information in this announcement does not
constitute an offer of securities for sale in the United States, Canada, Japan or Australia.
In member states of the EEA, this announcement and any offer of securities if made subsequently is directed only at persons w ho are
"qualified investors" within the meaning of Article 2(1)(e) of the Prospectus Directive ("Qual ified Investors"). Any person in the EEA
who acquires securities in any offer of securities (an "investor") or to whom any offer of securities is made will be deemed to have
represented and agreed that it is a Qualified Investor. Any investor will also be deemed to have represented and agreed that any
securities acquired by it in the offer have not been acquired on behalf of persons in the EEA other than Qualified Investors or
persons in the UK and other Member States (where equivalent legislation exists) f or whom the investor has authority to make
decisions on a wholly discretionary basis, nor have the securities been acquired with a view to their offer or resale in the EEA to
persons where this would result in a requirement for publication by the Company o f a prospectus pursuant to Article 3 of the
Prospectus Directive. The Company and others will rely upon the truth and accuracy of the foregoing representations and
agreements. This announcement constitutes a public disclosure of inside information by the Company under Regulation (EU)
596/2014 (16 April 2014).
This communication is only directed at (i) persons who are outside the United Kingdom or (ii) investment professionals falling
within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "Order") or (iii) the
high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the
Order (all such persons together being referred to as "relevant person s"). The securities are only available to, and any invitation,
offer or agreement to subscribe, purchase or otherwise acquire such securities will be engaged in only with relevant persons. Any
person who is not a relevant person should not act or rely on this communication or any of its contents.
This announcement is not, and under no circumstances is to be construed as, a prospectus, an advertisement or a public offeri ng of
the securities referred to herein in Canada. No securities commission or similar r egulatory authority in Canada has reviewed or in
any way passed upon this announcement or the merits of the securities referred to herein, and any representation to the contr ary is
an offence.
First Quantum Minerals Senior Notes Offering 17-06
Page 2 of 2
First Quantum's address is set out below. For further informati on, including obtaining a copy, once filed, of the report required to
be filed with applicable securities regulators in respect of the matters described in this news release, please contact First Quantum
at one of the numbers listed at the end of this news release.
14th Floor, 543 Granville Street
Vancouver, British Columbia
V6C 1X8
+1 604-688-6577
On Behalf of the Board of Directors of First Quantum Minerals Ltd.
G. Clive Newall
President
For further information visit our website at www.first-quantum.com
North American contact: Sharon Loung, Director, Investor Relations
Tel: (647) 346-3934 Fax: (604) 688-3818 Toll Free: 1 (888) 688-6577 E-Mail: [email protected]
United Kingdom contacts:
Clive Newall, President
Tel: +44 140 327 3484 Fax: +44 140 327 3494 E-Mail: [email protected]
Hannes Meyer, Chief Financial Officer
Tel: +44 207 612 8616 E-Mail: [email protected]
Martin Walker, Group Treasurer
Tel: +44 207 612 8638 E-Mail: [email protected]
CAUTIONARY STATEMENT ON FORWARD-LOOKING INFORMATION
Certain information contained in this news release constitutes "forward -looking statements" within the m eaning of the Private
Securities Litigation Reform Act of 1995 and forward -looking information under applicable Canadian securities legislation. Such
forward-looking statements or information involve known and unknown risks, uncertainties, and other factor s which may cause the
actual results, performance or achievements of the Company to be materially different from any future results, performance or
achievements expressed or implied by such forward -looking statements or information. Such factors may includ e, among others,
those factors disclosed in the Company's documents filed from time to time with the Alberta, British Columbia, Saskatchewan,
Manitoba, New Brunswick, Nova Scotia, Prince Edward Island, Newfoundland and Ontario Securities Commissions, the A utorité
des marchés financiers in Quebec, the United States Securities and Exchange Commission and the London Stock Exchange.