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Proto and Cazaly ink nickel deal

SYDNEY-based Proto Resources has signed a deal with Cazaly Resources to acquire the Menzies nicke...

MiningNews.Net

Under the agreement, Proto will pay $50,000 in cash and issue 500,000 shares and 500,000 options to Perth-based junior Cazaly. The options are exercisable at 20c by August 31, 2011. Cazaly will retain...

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