Malagasy Merges with Madagascar Resources

- May 26th, 2010

Malagasy Minerals Limited (ASX:MGY), ASX-listed exploration junior, has agreed to merge with unlisted Madagascar Resources (MRNL).
The press release is quoted saying:
“The merged group will also have an extensive, nickel, copper, PGE and vanadium exploration portfolio as well as existing rental income from commercial property assets and labradorite royalties from quarrying operations in Madagascar.”
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Malagasy Minerals Limited (ASX:MGY), ASX-listed exploration junior, has agreed to merge with unlisted Madagascar Resources (MRNL).

The press release is quoted saying:

“The merged group will also have an extensive, nickel, copper, PGE and vanadium exploration portfolio as well as existing rental income from commercial property assets and labradorite royalties from quarrying operations in Madagascar.”

Click here to access the entire Press Release

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