Industrial Minerals


Opta Minerals to acquire WGI Heavy Minerals

26 July 2012

by Kasia Patel

Opta formally makes offer to take over Garnet producer

Keywords: Opta, WGI, Garnet, Emerald Creek, US

Canadian minerals supplier Opta Minerals Inc. has formally commenced its offer to acquire all outstanding shares of garnet producer WGI Heavy Minerals, both companies announced yesterday.

The offer price made by Opta is $0.60/common share,...