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<p>[QUOTE=&quot;Ginger1, post: 1995781, member: 72388&quot;]The acquisition facilitates Duluth Metals in delivering project synergies; adding qualified resources, surface rights and exploration lands; and providing increased upscaling potential and development optionality. The addition of Franconia&#039;s assets to Twin Metals Minnesota creates the potential for significant synergies and represents the logical consolidation of contiguous deposits along the same mineral trend.</p><p><br /></p><p>Deal Value (US$ Million)76</p><p>Deal Type Acquisition Sub-Category 100% </p><p>Acquisition Deal Status Announced: 2010-12-20 </p><p>Deal Participants </p><p>Target (Company)Franconia Minerals Corporation</p><p>Acquirer (Company) Duluth Metals Limited Deal Rationale.[/QUOTE]</p><p><br /></p>

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