03:53 PM EST - Inter-Citic Minerals Inc. : announced that it has entered into a definitive agreement pursuant to which Western Mining Group Co., Ltd. will acquire all the outstanding common shares of Inter-Citic by way of a plan of arrangement for $2.05 per share in cash, valuing the Corporation at approximately $250 million. Inter-Citic Minerals Inc.
shares T.ICI are trading up $0.53 at $1.98.
