Molybdenum

Mercator and Creston Announce Friendly Business Combination

Molybdenum Investing

Mercator Minerals Ltd. (TSE:ML) and Creston Moly Corp. (CVE:CMS) announced that Creston will be acquired by Mercator to create one copper-moly company.

Mercator Minerals Ltd. (TSX:ML) and Creston Moly Corp. (TSXV:CMS) announced that Creston will be acquired by Mercator to create one copper-moly company.

The press release is quoted as saying:

Under the plan of arrangement, shareholders of Creston will receive 0.15 of a common share of Mercator and $0.08 in cash, in respect of each common share of Creston.

To read the full press release, click here.

MARKETS

Markets
TSX20503.21+161.77
TSXV623.81+7.90
DOW33375.49+330.93
S&P 5003972.61+73.76
NASD11140.43+288.17
ASX7452.20+16.90

COMMODITIES

Commodities
Gold1925.03-1.78
Silver23.68-0.31
Copper4.26+0.01
Palladium1713.170.00
Platinum1087.260.00
Oil82.32+0.68
Heating Oil3.41+0.05
Natural Gas3.47+0.29

DOWNLOAD FREE REPORTS

×