Dec 5 (Reuters) - Glencore Plc GLEN.L :
* ONTARIO TEACHERS' PENSION PLAN, GLENCORE CANADA ANNOUNCE FORMATION OF BASECORE METALS LP, A 50:50 JV LIMITED PARTNERSHIP
* ONTARIO TEACHERS' PENSION PLAN - VALUE OF INITIAL ROYALTY PORTFOLIO CONTRIBUTED TO BASECORE METALS IS ABOUT $300 MILLION
* ONTARIO TEACHERS' PENSION PLAN - GLENCORE AND ONTARIO TEACHERS' WILL EACH HAVE RIGHT TO NOMINATE DIRECTORS TO BASECORE BOARD