11:58 AM EST - Quadra FNX Mining Ltd : announced that it has entered into a definitive agreement with KGHM Polska Miedz S.A. pursuant to which KGHM has agreed to acquire all of the issued and outstanding common shares of Quadra FNX and all of the outstanding Quadra FNX warrants by way of a Plan of Arrangement. KGHM, which is listed on the Warsaw Stock Exchange with a market capitalization of approximately $8 billion U.S, is the world's ninth largest producer of copper and third largest producer of silver. Quadra FNX Mining Ltd
shares T.QUX are trading up $4.10 at $15.45.
