Articles Tagged "TSX:FM"

First Quantum Minerals to Acquire Lumina Copper Corp. for $470 Million

First Quantum Minerals Ltd. (TSX:FM,LSE:FQM) and Lumina Copper Corp. (TSXV:LCC) have signed a definitive agreement pursuant to which First Quantum will acquire all outstanding securities of Lumina through a court-approved plan of arrangement. Based on the consideration, the total value of 100% of the fully diluted common shares of Lumina is roughly $470 million. Currently, First Quantum owns 2.5 million of Lumina's outstanding common shares.