1246773 B.C. Ltd. Announces Proposed Acquisition of Chilean Mining Properties from 2311548 Alberta Ltd. and Business Combination to Form Atacama Copper Holdings Corp.
773 ) announces that it has agreed to complete a series of transactions with 2311548 Alberta Ltd. (
TargetCo ) that will result in 773 (to be named Atacama Cobre Ltd. as discussed below) indirectly acquiring the rights to the El Cofre Project, the Los Naranjos Project, the Caballo Muerto Project and the Placeton Project located in Chile (the
Chile Properties ). The proposed transactions will be effected through an amalgamation agreement (the
Amalgamation Agreement ). The transactions are conditional on TargetCo completing the Private Placement (as defined below) and the TSX Venture Exchange (
‘Itâs the end of a very long era and a very sad day.’
By Mark Burton and Jack Farchy, Bloomberg
24 Jan 2021 00:21
The open outcry pit at the London Metal Exchange in London. Image: Bloomberg
Almost every day for the past 144 years, traders engaged in shouting matches at the London Metal Exchange to set the global price of copper and other vital commodities. Now, just as the metals industry gears up for a global boom, one of its most iconic scenes may never return.
The trading floor known as âthe Ringâ fell silent last year, as Covid-19 spread through the city of London. At one of the last open-outcry trading venues in the world, the raised voices, shared telephones and physical jostling among LME floor dealers made for a social-distancing nightmare.
Nine independent traders in Essex made between $30m and $100m each
Group including Paul ‘Cuddles’ Commins are mainly people in their 20s and 30s
Traders are affiliated with Vega Capital London, which has a small Essex office
So-called oil oiks claim they legally bought oil futures knowing price would fall
Phenomena of negative oil prices on April 20 meant traders got paid fortunes
Is Intercontinental Exchange (ICE) a Smart Long-term Buy?
Del Principe O’Brien Financial Advisors recently released its third-quarter investor letter – a copy of which is available for download here. The fund posted a return of 8.6% for the quarter, underperforming its benchmark, the S&P 500 Index which returned 8.9% in the same quarter. You should check out Del Principe O’Brien Financial Advisors top 5 stock picks for investors to buy right now, which could be the biggest winners of 2021.
In the Q3 2020 Investor Letter, Del Principe O’Brien Financial Advisors highlighted a few stocks and Intercontinental Exchange Inc. (NYSE:ICE) is one of them. Intercontinental Exchange Inc. (NYSE:ICE) is a technology company. Year-to-date, Intercontinental Exchange Inc. (NYSE:ICE) stock gained 21.9% and on December 17th it had a closing price of $112.79. Here is what Del Principe O’Brien Financial Advisors said:
Essex boys who made $660m in one day of oil trading face lawsuit thetimes.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thetimes.co.uk Daily Mail and Mail on Sunday newspapers.