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Foraco International SA

10:09 AM EST - Foraco International SA : announced it has acquired Northwest Sequoia Drilling Ltd., or NWS, for $9.5 million in cash and 1.15 million common shares of Foraco. NWS specializes in rotary drilling services for exploration, bulk sampling, and coring services to the mining and oil sands industry. Foraco International SA shares T.FAR are trading unchanged at $1.90.