Cancor exercises Gemini option, raises funds

Montreal-based Cancor Mines (KCR-T) has acquired from Inco (N-T) a half-interest in the Gemini polymetallic property in northwestern Quebec.Cancor fulfilled the major terms of a 1997 option agreement by spending $1.4 million on exploration and issuing 300,000 shares to Inco.Between...

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