Canada's Copper Mountain grabs Altona Mining in $72-million deal

Source: Miningmx Published on Thursday, April 19 2018
Related articles and keywords:   Copper - Canada - Copper Mountain - Mining
Canada's Copper Mountain Mining (TSX:CMMC) has completed the acquisition of Australian junior Altona Mining (ASX:AOH) for A$93 million, or about $72 million at today's rates. As part of the deal, each Altona share will be exchanged for 0.0974 Copper Mountain shares, which equates to a 41.7% ...
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