Ontzinc bids on remains of Pasminco (November 28, 2003)

Administrators of Australian zinc and lead producer Pasminco have rejected a bid by Venture-listed developer Ontzinc (OTZ-V) to take over the insolvent company's assets for A$1.7 billion.Ontzinc had bid A$1.3 billion cash ($1.2 billion in Canadian funds), and offered to...

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