Cancana to acquire Brazilian miner Rio Madeira
Feb 11, 2013 | 11:59 AM
| Daniel Fitzgerald
Tags
Cancana Resources,
Rio Madeira,
manganese mining,
ferromanganese,
Daniel Fitzgerald
NEW YORK Cancana Resources Corp. said it has entered into an exclusive memorandum of understanding to purchase Brazilian manganese mining company Rio Madeira Comercio Importacao e Exportacao De Minerios.
The agreementwhich includes Rio Madeiras corporate entity and all of its associated assets, minerals claims and operationsis subject to the completion of due diligence and financing, which are set to expire April 30.....
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