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FNX and Quadra Merges
May 24, 2010 @ 7:10 pm In Nickel Market News
FNX Mining Company Inc. [1]("FNX"), a Diversified Canadian Nickel Company has completed its merging agreeemnt with Canadian base-metals miners Quadra Mining. The friendly merging of these two mining companies is expected to produce 300-million pounds of copper and 150 000 ounces of platinum-group metals in 2010.
Paul Blythe, CEO of Quadra is quoted saying:
"The new Quadra FNX creates an excellent platform for growth and positions us to be a leading consolidator in the midcap copper space."
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URL to article: http://nickelinvestingnews.com/1305-fnx-and-quadra-merges.html
URLs in this post:
[1] FNX Mining Company Inc. : http://www.fnxmining.com/
[2] Click here to access the entire news: http://www.miningweekly.com/article/quadra-fnx-complete-merger-2010-05-21
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