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    market news

    Dissident Shareholder Group Looking to Replace Ursa Major Minerals Board

    Investing News Network
    Jun. 08, 2011 10:03AM PST
    Base Metals Investing

    The Winnipeg Free Press reports that a group of shareholders in Ursa Major Minerals (TSE:UMJ) are gathering support to oust the company’s board.

    The Winnipeg Free Press reports that a group of shareholders in Ursa Major Minerals (TSX:UMJ) are gathering support to oust the company’s board.

    The market news is quoted as saying,

    Merchant bank Forbes & Manhattan Inc. and Inspiration Mining Corp., which is Ursa Major’s largest shareholder, said Tuesday they have filed a dissident proxy circular seeking backers for a move to elect new directors at an annual meeting June 23.

    For the complete market news, click here.

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