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Noranda Income Fund Unit T.NIF.UN


Primary Symbol: NNDIF

Metals & Mining Industrial Metals & Minerals
Noranda Income Fund is a Canadian based income trust. The fund owns the electrolytic zinc processing facility and ancillary assets located in Salaberry-de-Valleyfield, Quebec. It produces refined zinc metal and by-products from sourced zinc concentrates. The fund's long-term objective is to maximize unitholder value and provide monthly distributions to unitholders.


OTCPK:NNDIF - Post by User

Noranda Income Fund Unit > I am Guessing Higher Offer - Any Guess as to New Bid
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Comment by Bwrbhkon Feb 13, 2023 9:00pm
91 Views
Post# 35284300

RE:RE:I am Guessing Higher Offer - Any Guess as to New Bid

RE:RE:I am Guessing Higher Offer - Any Guess as to New BidSince the offer was announced 5.6 million priority shares or about 15% of the priority shares have traded.  Starting to look like another potential bidder.  Why else would anyone pay more than Glencore's $1.42 bid?  Could be a bidding war shaping up.  Let's hope!
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