Molycorp (MCP) Prices 10M Common Offering at $51/Share

June 10, 2011 6:38 AM EDT
Molycorp, Inc. (NYSE: MCP), has priced its 10 million common stock offering at $51.00.

The selling stockholders have granted the underwriters an option to purchase up to an additional 1,500,000 shares of Common Stock.

Closing is expected on June 15, 2011, subject to customary closing conditions.


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