Quadra Security holders cast 78.6% of the voting for the plan of arrangement between Quadra FNX, 0929260 B.C. Unlimited Liability Company and holders of Quadra FNX’s common shares.
The acquisition will make KGHM a diversified manufacturer of metals, including molybdenum, nickel, lead, gold, platinum, palladium, rhenium, and selenium, in addition to the copper and silver it produces in Poland, according to Dow Jones Newswires.
The deal still needs approval from the Supreme Court of British Columbia and by Canada’s Industry Minister, which is expected to be secured within the next two weeks.
Quadra FNX produces copper, nickel and precious metals from its operating mines in North and South America.
Global copper and silver producer KGHM owns mines and smelters located in Poland.
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