CAPITAL MARKETS

Minerals Corp has zircon leverage

MINERALS Corp has flagged its exposure to zircon through investments in mineral sands IPO Diatreme Resources as it seeks to close a $10 million convertible note issue.

Rebecca Keenan
Minerals Corp has zircon leverage

The notes issue is due to close at the end of the month and can be redeemed at the $1 face value at the end of March in 2008. Minerals Corp took a 19% interest in Diatreme in April. Diatreme is looking...

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