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BRIEF-Lorraine Copper to consolidate 100% interest in Lorraine/Jan Tam Misty Project, BC

Published 2015-12-02, 05:35 p/m
© Reuters.  BRIEF-Lorraine Copper to consolidate 100% interest in Lorraine/Jan Tam Misty Project, BC
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Dec 2 (Reuters) - Lorraine Copper Corp LLC.V :
* To consolidate 100% interest in the lorraine/jan tam misty project, bc
* Says to acquire teck's 51% joint venture interest in the lorraine/jan tam
misty project
* Says will hold a 100% undivided interest in the project, upon fulfilment of
certain closing conditions
* Will issue approximately 35.6 million shares to Teck, will assign to Teck all
existing Lorraine royalty buyback, buy-down rights

* Source text for Eikon ID:nCCNbTxNBf
* Further company coverage LLC.V

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