Canadian base metals miner, Mercator Minerals, will acquire Creston Moly for about $202.7 million. The shareholders of Creston will receive 0.15 of a Mercator common share and $0.083 in cash, in place of each common share of Creston. The current president and CEO of Creston, Bruce McLeod, will become president and CEO of the combined company, while Mark Distler will be the CFO. Mercator appointed Haywood Securities as its financial advisor, while Creston is being advised by BMO Capital Markets.

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