Nyrstar completes acquisition of majority stake at Farallon
Publicado em: 06/01/2011 16:33:00
It seems that today is the day to buy zinc junior companies in Canada, as Farallon Mining said about 94% of its shares were tendered to Belgium's Nyrstar, which made a US$ 400 million offer for the company last november. Nyrstar also plans to buy the remaining Farallon shares using certain compulsory acquisition provisions. The junior miner, which has a zinc deposit in Mexico, also said that its directors and officers resigned in favor of Nyrstar's representatives.