METALL MINING COMPLETES PURCHASE
METALL MINING COMPLETES PURCHASE TORONTO, Dec. 2 /PRNewswire/ -- Metall Mining Corporation announced
today that it had completed the purchase from M.I.M. Holdings Limited of 301,400 Class A Common Shares and 3,425,000 Class B Subordinate Voting Shares of Teck Corporation pursuant to an agreement of purchase and sale dated Sept. 27, 1991. Following the completion of this transaction, the corporation now owns directly 461,000 Class A Common Shares and 10,021,910 Class B Subordinate Voting Shares of Teck Corporation.
These shareholdings of Teck Corporation are held by the corporation for investment purposes. -0- 12/2/91 /CONTACT: H. Douglas Scharf, vice-president, finance and chief financial officer of Metall Mining, 416-361-6400/ CO: Metall Mining Corporation; M.I.M. Holdings Limited ST: Ontario IN: MNG SU: TNM FC -- NY069 -- 8475 12/02/91 15:47 EST
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|Date:||Dec 2, 1991|
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