SOURCE: Thompson Creek Metals Company

Thompson Creek Metals Company

November 22, 2013 17:00 ET

Thompson Creek Metals Company Reports Employment Inducement Award Pursuant to NYSE Rule 303A.08

DENVER, CO--(Marketwired - Nov 22, 2013) -  Thompson Creek Metals Company Inc. (the "Company" or "Thompson Creek") (NYSE: TC) (TSX: TCM), a diversified North American mining company, announced today that it granted a one-time employment inducement award to Jacques Perron, the Company's new Chief Executive Officer, as part of Mr. Perron's previously disclosed compensation package. The Company announced the appointment of Mr. Perron to serve as Chief Executive Officer on August 8, 2013, which appointment was effective on October 15, 2013.

Effective November 21, 2013, Mr. Perron was granted a one-time inducement award comprised of stock options to purchase 400,000 shares of our common stock and 300,000 restricted share units, each vesting in three equal annual installments beginning on the first anniversary of the date of grant. The stock options will be exercisable for five years from the date of grant. These grants were made as an employment inducement award outside of the Company's 2010 Long-Term Incentive Plan. For further details regarding Mr. Perron's employment and compensation, please see the Company's Current Report on Form 8-K filed on August 8, 2013 with the Securities and Exchange Commission. 

About Thompson Creek Metals Company Inc.
Thompson Creek Metals Company Inc. is a diversified North American mining company. The Company's principal operating properties are its 100%-owned Thompson Creek Mine, an open-pit molybdenum mine and concentrator in Idaho, its 100%-owned Mt. Milligan mine, an open-pit copper and gold mine and concentrator in British Columbia, a 75% joint venture interest in the Endako Mine, an open-pit molybdenum mine, concentrator and roaster in British Columbia, and the Langeloth Metallurgical Facility in Pennsylvania. The Company's development projects include the Berg property, a copper, molybdenum, and silver exploration property located in British Columbia and the Maze Lake property, a gold exploration project located in the Kivalliq District of Nunavut, Canada. The Company's principal executive office is located in Denver, Colorado. More information is available at www.thompsoncreekmetals.com

Contact Information

  • For more information, please contact:

    Pamela Solly
    Director, Investor Relations and Corporate Responsibility
    Thompson Creek Metals Company
    Tel: (303) 762-3526

    Barbara Komorowski
    Renmark Financial Communications Inc.
    Tel: (514) 939-3989