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    market news

    Ursa Major and Prophecy Platinum Sign Merger

    Investing News Network
    Apr. 16, 2012 02:26PM PST
    Precious Metals

    Mining Weekly reported Ursa Major Minerals (TSX:UMJ) and Prophecy Platinum (TSXV:NKL) have signed an agreement to merge their two organizations.

    Mining Weekly reported Ursa Major Minerals (TSX:UMJ) and Prophecy Platinum (TSXV:NKL) have signed an agreement to merge their two organizations.

    As quoted in the market news:

    The merger, which was first announced on March 1, would create a midtier resource company with a pipeline of platinum and nickel projects, including the Shakespeare mine, west of Sudbury, the Wellgreen project, in Yukon Territory, and Manitoba’s Lynn Lake project.

    Click here to read the full Mining Weekly report.

    tsx:umjmarket newsprophecy platinumtsxv:nkl
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