Oct 5 (Reuters) - New Millennium Iron Corp NML.TO :
* Announces settlement on tsmc ownership
* Says reached a settlement with Tata Steel global minerals holdings pte. ltd.
* Settlement regarding reported issue of cash calls stemming from nml's
long-term investment in Tata Steel minerals Canada limited
* Says settlement includes current cash requirement of just over $1.0 billion
for the dso project
* Says settlement includes total cash calls of $524.5 million to the
shareholders have or will be satisfied solely by Tata Steel
* According to settlement, nml is not required to pay, or provide security for,
any cash calls up to the $1.0 billion figure
* According to settlement, nml's ownership of tsmc is now diluted to 6.0%
* Source text for Eikon ID:nMKWMlNZPa
* Further company coverage NML.TO