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Tag "crystallex-international-corporation"

Crystallex Reaches Agreement in Principle on Settlement with the SEC 0

TORONTO, ONTARIO — (Marketwired) — 05/01/13 — Crystallex International Corporation ("Crystallex" or the "Company") announced today that it had reached a settlement with the U.S. Securities and Exchange Commission (the "SEC") in which Crystallex will consent to an order revoking its registration under the Securities Exchange Act of 1934 (the "Act").The settlement follows the commencement by the Division of Enforcement of the SEC of administrative proce

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Crystallex Announces Court Approval of DIP Financing 0

TORONTO, ONTARIO — (Marketwire) — 04/23/12 — Crystallex International Corporation (OTCQB: CRYFQ) ("Crystallex" or the "Company") announced today that the Ontario Superior Court of Justice (Commercial List) issued an order (the "CCAA Order") approving the Company-s debtor-in-possession (DIP) financing of US$36,000,000 provided by an entity managed by Tenor Capital Management Company LLC (together with any successors, assigns or transferees as permitted, the &quo

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Crystallex Executes Commitment Letter for DIP Financing 0

TORONTO, ONTARIO — (Marketwire) — 03/21/12 — Crystallex International Corporation (OTCQB: CRYFQ) ("Crystallex" or the "Company") announced today that it has successfully concluded an auction process to raise debtor-in-possession financing in accordance with the procedures approved by Ernst & Young Inc. (the Monitor of the Company) pursuant to the initial order made by the Ontario Superior Court of Justice (Commercial List) (the "Court") under the Companies-

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Crystallex Updates Shareholders 0

TORONTO, ONTARIO — (Marketwire) — 03/16/12 — Crystallex International Corporation (OTCQB: CRYFQ) ("Crystallex" or the "Company") announced today that, in light of its financial circumstances, the Company will not be in a position to prepare and file annual audited financial statements and other annual disclosure documents, required by Canadian securities laws in respect of the Company-s financial year ended December 31, 2011, by March 30, 2012. Consequently, following Ma

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Crystallex Adopts New Shareholder Rights Plan 0

TORONTO, ONTARIO — (Marketwire) — 03/16/12 — Crystallex International Corporation (OTCQB: CRYFQ) ("Crystallex" or the "Company") today announced that its Board of Directors (the "Board") has voted to adopt an additional shareholder rights plan (the "New Rights Plan"). The New Rights Plan does not replace the original shareholder rights plan of the Company dated as of June 22, 2006 (the "Existing Rights Plan") which is expected to expire this

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Crystallex Updates on Recent Activities 0

TORONTO, ONTARIO — (Marketwire) — 01/26/12 — Crystallex International Corporation (OTCQB: CRYXF) ("Crystallex" or the "Company") issued today an update regarding activities since obtaining an initial order from the Ontario Superior Court of Justice (Commercial List) for protection under the Companies- Creditors Arrangement Act (Canada) ("CCAA"), dated December 23, 2011.On December 23, 2011, Crystallex received an initial order from the Ontario Superior Court of

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Crystallex Updates Shareholders 0

TORONTO, ONTARIO — (Marketwire) — 10/07/11 — Crystallex International Corporation (TSX: KRY)(OTCQB: CRYXF) ("Crystallex" or the "Company") updated shareholders on several activities including the status of its ICSID case, the decision by the Ontario Court regarding the June 2011 Noteholder Action, the ongoing Debt Refinancing Initiative and a TSX Review and Letter to the Company.ICSID CaseOn October 5, 2011, Crystallex was advised by the International Centre for Settleme

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