11:54 AM EST - Tasman Metals Ltd. : and Flinders Resources Limited announced they have initiated preliminary negotiations with regard to a potential merger of the two companies. Under the terms being considered, Tasman may acquire all of the outstanding common shares of Flinders for consideration of common shares of Tasman based on a yet to be determined share exchange ratio. Tasman Metals Ltd.
shares V.TSM are trading down $0.03 at $0.89.
