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    market news

    FNX and Quadra Merges

    Investing News Network
    May. 24, 2010 06:10PM PST
    Base Metals Investing

    FNX Mining Company Inc. (“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 Mining Company Inc. (“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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