Thompson Creek Acquires Terrane Metals

Robert Pease, President and CEO of Terrane Metals Corp. ("Terrane" or the "Company") (TSX VENTURE:TRX), is pleased to announce that Thompson Creek Metals Company Inc. ("Thompson Creek") (TSX:TCM)(NYSE:TC) and has completed its acquisition of Terrane effective October 20, 2010, by way of Plan of Arrangement (the "Arrangement").

Pursuant to the terms of the Arrangement, Terrane shareholders are entitled to receive C$0.90 in cash and 0.052 of a Thompson Creek share per Terrane share.

Tell Us What You Think

Do you have a review, update or anything you would like to add to this news story?

Leave your feedback
Your comment type
Submit

While we only use edited and approved content for Azthena answers, it may on occasions provide incorrect responses. Please confirm any data provided with the related suppliers or authors. We do not provide medical advice, if you search for medical information you must always consult a medical professional before acting on any information provided.

Your questions, but not your email details will be shared with OpenAI and retained for 30 days in accordance with their privacy principles.

Please do not ask questions that use sensitive or confidential information.

Read the full Terms & Conditions.