Mercator Minerals Ltd MLKKF

Metals & Mining Industrial Metals & Minerals

Mercator Minerals, Ltd. is a mineral resource company engaged in the mining, exploration, development and operation of its mineral properties in Arizona, United States and Sonora, Mexico. The Company’s principal assets are the 100% owned Mineral Park Mine, a producing copper-moly mine located near Kingman, Arizona and the El Pilar Project located in Sonora Mexico. The primary focus of the Company is the expansion of copper production and molybdenum concentrate production at the Mineral Park Mine, and the development of the El Pilar Project. Its other projects include The El Creston molybdenum property, which is 175 kilometers south of the United States Border and 145 kilometers northeast of the city of Hermosillo; Molybrook, which is located on the south coast of Newfoundland, and Ajax, which is located 13 kilometers north of Alice Arm, British Columbia.

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Mercator Minerals Ltd

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Post by studpuppyon Apr 01, 2010 12:01am

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Post# 16947313

TCM BUYS ML!!!!!

VANCOUVER, Apr.1 /CNW/ - Mercator Minerals Ltd ("Mercator") (TSX - ML)
and Thompson Creek Metals. (TSX - TCM) are pleased to announce the
completion of their business combination (the
"Transaction"). The Transaction wii complete via a plan of arrangement that
will be approved by the shareholders of both companies and
receive court approval on May 15th of 2010. Mercator will be a wholly owned
subsidiary of Thompson Creek Metals.
Pursuant to the plan of
arrangement each Mercator shareholder will receive 0.35 Thompson Creek Metals shares. All
outstanding options to acquire common shares of Mercator will be exchanged
for Thompson Creek Metals.

Sorry guys April fools day, there was too much tension on the board lately, here is a bit of sense of humour, have to admit its a good one, got your hearts pumping....lollll so again april fools day!
regards stud

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