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Re: News Releases - Friday, June 20, 2008
Global Copper Corp Announces Definitive Agreement with Teck
Cominco Limited
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NR-08-07
Vancouver, British Columbia - Global Copper Corp. ("Global") (TSX:GLQ)
is pleased to announce that it has executed a definitive agreement
whereby Teck Cominco Limited ("Teck") (TSX:TCK.A and TCK.B; NYSE:TCK)
is to acquire Global by way of a Plan of Arrangement under the Business
Corporations Act (British Columbia). The terms of the agreement were
outlined in a news release dated April 14, 2008 which can be found on
Global's website (www.globalcoppercorp.com) or on SEDAR
(www.sedar.com).
Global has also called a shareholder meeting to approve the
transaction. The meeting will be held on July 25, 2008 at 10:00 a.m.
at the Metropolitan Hotel, 625 Howe Street, Vancouver, British
Columbia. An information circular containing details on the
transaction and information on how Global shareholders may receive the
consideration for their shares is expected to be mailed shortly.
Global is a Vancouver and Santiago based copper exploration company
that controls the Relincho copper/molybdenum project in Chile, and the
Taca Taca and San Jorge copper/gold projects in Argentina. Global's
shares trade on the Toronto Stock Exchange under the symbol GLQ.
Global Copper Corp.
David Strang
President & CEO
1-604-687-0407 (ext. 103)
dstrang@globalcoppercorp.com
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Copyright (c) 2008 GLOBAL COPPER CORP. (GLQ) All rights reserved. For
more information visit our website at http://www.globalcoppercorp.com/
or send mailto:info@globalcoppercorp.com
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Global Copper Corporation
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EXPLORATEUR |
CODE : GLQ.TO |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Global Copper Corp. est une société développant des projet miniers de cuivre basée au Canada. Ses principaux projets en exploration sont RELINCHO et VIZCACHITAS au Chili et TACA TACA en Argentine. Global Copper Corp. est cotée au Canada et aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 417,5 millions CA$ (345,7 millions US$, 227,0 millions €). La valeur de son action a atteint son plus bas niveau récent le 29 décembre 2006 à 1,05 CA$, et son plus haut niveau récent le 07 août 2008 à 14,08 CA$. Global Copper Corp. possède 29 654 949 actions en circulation. |