09:58 AM EST - Cerro Resources NL : said Primero Mining had entered into a definitive agreement to acquire all of the issued and outstanding common shares of Cerro Resources NL. Under the terms of the agreement, each Cerro shareholder will receive 0.023 of a Primero common share for each Cerro common share held. Cerro shareholders will also receive 80.01% of the common shares of a newly incorporated company (Spinco). Cerro Resources NL
shares V.CJO are trading up $0.035 at $0.13.
