The management contract between Breakwater Resources (TSE) and Arimetco Resources (TSE) has been canceled.
Formed last year, it provided that Arimetco manage Breakwater’s operations. The companies jointly announced that the cancellation was for their mutual benefit, allowing each to pursue separate interests.
Breakwater plans to focus on zinc, lead and precious metals, especially in Latin America. Arimetco will concentrate fully on its American copper, industrial minerals and engineering/construction businesses.
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