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Franconia Minerals Corp. (TSX:FRA) reported that the company has obtained a receipt on March 11, 2010 for a final prospectus, dated March 9, 2010, qualifying the distribution of 9,400,000 common shares and 4,700,000 common share purchase warrants of the Company, issuable upon the deemed exercise of the previously issued 9,400,000 special warrants of the Company.
Franconia Minerals Corp. (TSX:FRA) reported that the company has obtained a receipt on March 11, 2010 for a final prospectus, dated March 9, 2010, qualifying the distribution of 9,400,000 common shares and 4,700,000 common share purchase warrants of the Company, issuable upon the deemed exercise of the previously issued 9,400,000 special warrants of the Company.
The press release is quoted as saying:
Franconia is currently focused on the development of the Birch Lake copper-nickel-platinum-palladium project – consisting of the Birch Lake, Maturi and Spruce Road deposits – in the highly prospective Duluth complex in northeastern Minnesota.
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