Adanac asks shareholder OK to sell assets

Jun 05, 2014 | 05:22 PM | Daniel Fitzgerald

Tags  Adanac Molybdenum, Ruby Creek, liquidation, sale, molybdenum mining, Daniel Fitzgerald

NEW YORK — Adanac Molybdenum Corp. has scheduled a shareholder vote on a proposed sale of substantially all of the company’s assets.

The company’s sole strategic asset is the Ruby Creek project, an undeveloped primary molybdenum deposit about 15 miles northeast of Atlin, British Columbia.....

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