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Rio Narcea to merge with Defiance

THE morphing of Defiance Mining Corp has continued with fellow Canadian miner Rio Narcea Gold Min...

Rebecca Keenan
Rio Narcea to merge with Defiance

Under the agreement with Defiance, Rio Narcea will offer one of its shares for every 5.25 Defiance shares. Based on Rio Narcea’s price towards the end of June, the exchange ratio values each Defiance share...

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