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Osisko Metals Inc V.OM

Alternate Symbol(s):  OMZNF

Osisko Metals Incorporated is a Canadian exploration and development company creating value in the critical metals sector, with a focus on copper and zinc. The Company owns a 100% interest in the past-producing Gaspe Copper mine. The Gaspe Copper mine is located near Murdochville in Quebec's Gaspe Peninsula. In addition to the Gaspe Copper project, the Company is working with Appian Capital Advisory LLP through the Pine Point Mining Limited joint venture to advance the past-producing zinc mining camps, the Pine Point project, located in the Northwest Territories. The Pine Point project is located on the south shore of Great Slave Lake, Northwest Territories, close to infrastructure. Its Mount Copper Expansion Project hosts the undeveloped copper resource in Eastern North America. The Company also owns a group of 199 claims adjacent to its Gaspe Copper Project. The claims cover additional ground near the Gaspe Copper project.


TSXV:OM - Post by User

Bullboard Posts
Post by landlubberon Aug 18, 2010 12:28am
582 Views
Post# 17359919

bid tests Canada's takeover rules

bid tests Canada's takeover rulesUnder the Investment Canada Act, a foreign purchase of a domesticcompany must provide a “net benefit” to the country. Such acquisitionscan also be subject to a national-security test, particularly if thepurchaser is a state-owned enterprise, which could come into play if aChinese company joins the takeover battle for Potash.
The Harper government, burned by what it believes was the failure ofcompanies such as U.S. Steel and Vale SA to keep promises about Canadianjobs, is warning potential acquirers of Potash Corp. they'll be held tothe commitments they make in order to satisfy federal scrutiny offoreign bids.
https://www.theglobeandmail.com/globe-investor/potash-bid-tests-canadas-takeover-rules/article1676473/
Bullboard Posts