FNX and Quadra Merging on May 21
FNX Mining Company Inc. (“FNX”), a Diversified Canadian Nickel Company and Quadra Mining Ltd. (QUA.TSX), a multi-asset copper and base metal producing company have agreed to merge where FNX share will be exchanged for 0,87 Quadra shares and $0,0001.
The deal is set to close on May 21 after the two parties have sought the approval of the court for the transaction on May 20.
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Thu, May 20, 2010
Post by Mike Rodger, Nickel Reporter