Apr 25, 2014
Abacus Mining Announces Issuance of Shares for Debt
Abacus Mining and Exploration Corporation announces that it has agreed, subject to the approval of the TSX Venture Exchange, to issue 400,000 common shares of Abacus to Ian M. MacNeily, former Executive Vice President and Chief Financial Officer of the Company, as consideration for certain services rendered.
Emerging Stocks Rise to 2-Week High as Micex and Ruble Advance
Emerging-market stocks rose to a two-week high amid bets China will take steps to boost growth, while Russian shares rebounded and the ruble gained as companies bought the local currency to meet a tax deadline.
Mining M&A Goes Hostile as Targets Want More
Conditions are ripe for more hostile takeovers in mining as buyers capitalize on share prices that plunged last year, while targets hold out for more amid a glimmer of recovery.