A minority shareholder of Kerr Addison Mines (TSE), the Ontario Municipal Employees Retirement Board, has increased its stake in Kerr to about 13.6% (about 2.4 million common shares) through the acquisition of 474,500 shares. The majority shareholder of Kerr, a former gold producer turned holding company, is Noranda (TSE), which has a 51.3% interest.
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