Arcelor, Nunavut Closer to Control of Baffinland

- February 3rd, 2011

Reuters.com reports that ArcelorMittal (NYSE:MT) and Nunavut Iron Mines are much closer to controlling Baffinland Iron Mines (TSE:BIM).

Reuters.com reports that ArcelorMittal (NYSE:MT) and Nunavut Iron Mines are much closer to controlling Baffinland Iron Mines (TSX:BIM).

The story is quoted as saying:

 Between them, ArcelorMittal and Nunavut now hold 67 percent of all outstanding shares and 45 percent of outstanding 2007 warrants, representing 64 percent of fully diluted shares

To access the full story, click here.

Get the latest Iron Investing stock information

Get the latest information about companies associated with Iron Investing Delivered directly to your inbox.

Iron Investing

Tags

Tags: ,

Leave a Reply