Norsemont Mining
Norsemont Mining examining unsolicited expressions of interest for company
Norsemont Mining Inc said it has formed a special committee and is in the process of finding independent financial advisors in response to recent unsolicited expressions of interest to acquire the company.
The special committee has retained Fraser Milner Casgrain LLP as its legal advisors.
Norsemont cautioned shareholders that there is no assurance that any specific proposal will arise, that negotiations resulting from any such expressions of interest will result in any specific transaction and no timetable has been set for the completion of any transaction.
Norsemont Mining is a Canadian mineral exploration and development company focused on the 100 percent-controlled Constancia copper-molybdenum-silver-gold deposit in southern Peru.
Constancia currently has an indicated resource of 256.3 million tonnes at 0.5 percent copper and an inferred resource of 156.5 million tonnes at 0.33 percent. A recently completed scoping study anticipates a project producing in excess of 90,000 tonnes of copper annually. The study indicates the project has a net present value of CDN$530 million.
Investors interested in Norsemont Mining recently viewed
-
Avalon Ventures (TSX: TSX: AVL)
-
Columbia Yukon Explorations (TSX: TSX-CYU)
-
Commerce Resources (TSX: CCE)
-
El Niño Ventures (TSX: ELN)
-
Fission Energy (TSX: TSX-FIS)
-
Forum Uranium (TSX: FDC)
-
Kootenay Gold Inc (TSX-V: KTN)
-
Moly Mines (TSX, ASX: MOL)
-
North American Tungsten (TSX-V: TSX-V:NTC)
-
Pencari Mining (TSX: TSX-PMC)
-
Rambler Metals & Mining (AIM, TSX-V: RMM, RAB)
-
Ringbolt Ventures (TSX-V: RBV)
-
Rocky Mountain Resources (TSX-V: RKY)
-
Strathmore Minerals (TSX: TSX-STM)
-
Western Potash Corp (TSX-V: WPX)
-
Xemplar Energy Co (TSX-V: EX)