Edition:
United Kingdom

Ontario Teachers' Pension Plan And Glencore Canada Announce Formation Of BaseCore Metals LP


Tuesday, 5 Dec 2017 

Dec 5 (Reuters) - Glencore Plc ::ONTARIO TEACHERS' PENSION PLAN, GLENCORE CANADA ANNOUNCE FORMATION OF BASECORE METALS LP, A 50:50 JV LIMITED PARTNERSHIP.ONTARIO TEACHERS' PENSION PLAN - VALUE OF INITIAL ROYALTY PORTFOLIO CONTRIBUTED TO BASECORE METALS IS ABOUT $300 MILLION.ONTARIO TEACHERS' PENSION PLAN - GLENCORE AND ONTARIO TEACHERS' WILL EACH HAVE RIGHT TO NOMINATE DIRECTORS TO BASECORE BOARD.