RIO DE JANEIRO, BRAZIL, October 18 /CNW/ - MMX Mineracao e Metalicos S.A.
("MMX") pursuant to article 157 of Law 6.404/76 and CVM Instruction 358/02,
MMX hereby announces that its subsidiary LLX Logistica S.A. ("LLX" or the
"Company") plans to hold a primary offering of shares to obtain funding
necessary to develop its projects.
Therefore, LLX informs that on October 17, 2007 it filed a request for a
primary public offering ("Offering") of common, non-par, book entry shares
("Shares") with the Comissao de Valores Mobiliarios ("CVM" - Brazilian
Securities and Exchange Commission), to be traded on the Novo Mercado segment
of the Bovespa - Sao Paulo Stock Exchange. The Offering comprises the primary
distribution of shares in Brazil (the "Offering"), with placement efforts
abroad. Furthermore, the Offering encompasses the distribution of Global
Depositary Shares, represented by Global Depositary Receipts, in accordance
with investment mechanisms regulated by the National Monetary Council, the
Central Bank of Brazil, and the CVM, and pursuant to exemptions from
registration under the United States Securities Act of 1933 (as applicable).
The Offering will be carried out in accordance with CVM Instruction 400
of December 29, 2003 ("CVM Instruction 400/03"), under the coordination of
Banco de Investimentos Credit Suisse (Brasil) S.A. ("Coordinator").
The sale price will be determined following the respective bookbuilding
process ("gathering of investment intentions"), pursuant to article 23, First
Paragraph, and article 44 of CVM Instruction 400/03.
The Offering, including such aspects as the number of shares to be
issued, the price per share and the value of the capital increase, must be
approved by LLX's Board of Directors before the granting of the public
offering registration by CVM.
For additional information please contact firstname.lastname@example.org.
Rio de Janeiro, October 17, 2007
Luiz Rodolfo Landim Machado
Executive President and Investor Relations Officer
MMX Mineracao e Metalicos S.A.
For further information:
For further information: MMX - Investor Relations Elizabeth Cruz,
55-21-2555-5634 or Gina Pinto, 2555-5558 email@example.com www.mmx.com.br/ri