RE:ANALYSTS HAVE NO B*LLSExhibit 1. Base Metals M&A — Precedent Transactions, TD Securities Inc.
17-Jun-18 South32 Limited - Arizona Mining Zinc - C$2.1B Ongoing
May-16 China Molybdenum Co - Tenke Fungurume Mine Copper - US$2.65B Completed
Nov-12 First Quantum - Inmet Mining Copper - C$4.9B Completed
Feb-12 Glencore - Xstrata Diversified - US$69B Completed
Jan-11 Cliffs Natural Res. - Consolidated Thomp. Iron Ore C$4.9B Completed
Mar-10 Quadra - FNX Mining Copper C$3.5B Completed