Ursa Major and Prophecy Platinum Sign Merger

- April 16th, 2012

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.

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