Highly prospective exploration company

Resource projects cover more than 1,713 km2 in three provinces at various stages, including the following: hematite magnetite iron formations, titaniferous magnetite & hematite, nickel/copper/PGM, chromite, Volcanogenic Massive and gold.

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Message: Re Titanium deal in the US on TIE, for info only since FNC holds RGX

Precision Castparts to Buy Titanium Metals for $2.9 Billion

The Precision Castparts Corporation agreed on Friday to buy the Titanium Metals Corporation, an industrial parts maker whose majority owner is the Texas billionaire Harold Simmons, for about $2.9 billion in cash.

Under the terms of the deal, Precision will pay $16.50 a share, nearly 43 percent above the closing price of Titanium Metals on Friday.

http://dealbook.nytimes.com/2012/11/09/precision-castparts-to-buy-titanium-metals-for-2-9-billion/?partner=yahoofinance

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