Ursa Major and Prophecy Platinum Sign Merger
Investing News Network - 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.