Mercator Minerals Ltd. (TSX: T.ML, Stock Forum) climbed 100% to nine cents as investors assessed the news that the resource company and Intergeo MMC Ltd., a privately held mineral resource company, have been combined to create a new copper-focused base metal company. In connection with the transaction, Daselina Investments Ltd., Intergeo’s controlling shareholder, has agreed to invest US$100 million plus an amount equal to the accrued interest under the bridge loan via a private placement in the combined company at a subscription price of US$0.1224 per share.
Maza Drilling is a Mexican company established in 2007 in Mazatlán, Sinaloa. Our Canadian founder, Mr. Guy de Launiere, has over 20 years of international experience managing diverse drilling operations. Maza Drilling strives to compete at the highest levels in terms of recovery, effectiveness, efficiency, and affordability at every project while keeping at the forefront of technology to meet our customer’s needs in this demanding market.
