Noranda Income Fund today announced that the previously announced acquisition by Glencore Canada Corporation of all of the issued and outstanding priority units of the Fund for C$1.98 per priority unit by way of a plan of arrangement under the Business Corporations Act and the Trustee Act was completed. Immediately prior to the Arrangement [...]
Noranda Income Fund today announced that the Ontario Superior Court of Justice granted a final order dated March 2, 2023 approving the previously announced acquisition by Glencore Canada Corporation of all of the issued and outstanding priority units of the Fund for $1.98 per priority unit by way of a plan of arrangement under the Business [...]
Noranda Income Fund today announced that the Fund's unitholders have approved the proposed arrangement pursuant to which all of the Fund's issued and outstanding priority units would be acquired by Glencore Canada Corporation for $1.98 per priority unit in cash. At a special meeting of Fund unitholders held earlier today, the Arrangement was [...]