09:56 AM EST - Mercator Minerals Ltd. : and Creston Moly Corp. announced that they have entered into a definitive arrangement agreement pursuant to which Mercator will acquire all the outstanding common shares of Creston by way of a plan of arrangement. Under the plan of arrangement, shareholders of Creston will receive 0.15 of a common share of Mercator and $0.08 in cash, in respect of each common share of Creston. Mercator Minerals Ltd.
shares T.ML are trading down $0.22 at $3.47.
