11:55 AM EST - Flinders Resources Limited : and Tasman Metals Ltd. 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. Flinders Resources Limited
shares V.FDR are trading down $0.035 at $0.33.
