Canada’s Copper Mountain Mining has completed its acquisition of Australian junior Altona Mining for 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% premium based on closing prices at the time of both companies first agreed on the deal. https://www.cumtn.com/wp-content/uploads/2018/04/News-Release-13-2018-04-18-Acquistion-Closed-Alistair-Joins-Board.pdf
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October 2018
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