Other Information
−Removed: On November 9, 2022, the Company entered into the November Amendment to the RCF.
−Removed: The November Amendment, among other things, (1) modifies the financial covenants to provide greater flexibility under the consolidated net leverage ratio requirement through the December 31, 2023 test date, with the ratio returning to the original level as outlined in the RCF starting with the March 31, 2024 test date, (2) allows for up to $50 million for integration costs or costs associated with establishing new facilities and certain costs associated with LCM adjustments at Rochester to be excluded from the calculation of Consolidated EBITDA for purposes of the RCF, (3) increases the interest rate on certain borrowings through early 2023, (4) requires the Company to repay outstanding amounts under the RCF if cash-on-hand exceeds $60 million during the Amendment Period, and (5) restricts certain payments and the incurrence of certain liens during the Amendment Period.
−Removed: This summary of the November Amendment is qualified in its entirety by reference to the November Amendment filed as Exhibit 10.1 to this Report and incorporated herein by reference.
−Removed: 2.1 Stock Purchase Agreement, dated September 18, 2022, by and among Coeur Mining, Inc., a Delaware corporation, AngloGold Ashanti (U.S.A.) Holdings Inc., a Delaware corporation, AngloGold Ashanti USA Incorporated, a Delaware corporation, Sterling Intermediate Holdco, Inc., a Delaware corporation and Coeur Sterling, Inc., a Nevada corporation.
−Removed: (Incorporated by reference to Exhibit 2.1 to the Registrant’s Current Report on Form 8-K filed on September 19, 2022 (File No.
−Removed: 10.1 Seventh Amendment to Credit Agreement, dated November 9 , 2022, by and among Coeur Mining, Inc., certain subsidiaries of Coeur Mining, Inc., as guarantors, the lenders party thereto and Bank of America, N.A., as administrative agent.
−Removed: (Filed herewith).
+Added: Pursuant to two privately negotiated agreements dated March 29 and April 4, 2023, Coeur exchanged $9.5 million aggregate principal amount of its 5.125% Senior Notes due 2029 for 2,155,141 shares of its common stock, par value $0.01 per share (the “Shares”).
+Added: The issuance of the Shares was pursuant to the exemption from the registration requirements afforded by Section 3(a)(9) of the Securities Act of 1933, as amended.
31.1 Certification of the CEO (Filed herewith).
10 unchanged sentences
104 Cover Page Interactive Data File (formatted as Inline XBRL and included in Exhibit 101).
−Removed: * The following financial information from Coeur Mining, Inc.'s Annual Report on Form 10-Q for the quarter ended September 30, 2022, formatted in XBRL (Extensible Business Reporting Language):
+Added: * The following financial information from Coeur Mining, Inc.'s Quarterly Report on Form 10-Q for the quarter ended March 31, 2023, formatted in XBRL (Extensible Business Reporting Language):
Consolidated Balance Sheets, Consolidated Statements of Comprehensive Income (Loss), Consolidated Statements of Cash Flows and Consolidated Statement of Changes in Stockholders' Equity.
−Removed: ** Management contract or compensatory plan or arrangement.
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
COEUR MINING, INC.
−Removed: Dated November 9, 2022 /s/ Mitchell J.
+Added: Dated May 10, 2023 /s/ Mitchell J.
President and Chief Executive Officer (Principal Executive Officer)
−Removed: Dated November 9, 2022 /s/ Thomas S.
+Added: Dated May 10, 2023 /s/ Thomas S.
Senior Vice President and Chief Financial Officer (Principal Financial Officer)
−Removed: Dated November 9, 2022 /s/ Ken Watkinson
+Added: Dated May 10, 2023 /s/ Ken Watkinson
KEN WATKINSON
1 unchanged sentence
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.