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Gold/Mining/Energy : Quinto Mining QUITF and QU.V

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From: Siber	4/21/2008 1:54:37 PM
	of 103

reuters.com Consolidated Thompson makes offer for Quinto Mon Apr 21, 2008 10:26am EDT TORONTO, April 21 (Reuters) - Consolidated Thompson Iron Mines Ltd (CLM.TO: Quote, Profile, Research) will acquire Quinto Mining Corp (QU.V: Quote, Profile, Research) in an all-share deal that values Qunito at about C$150 million, the Canadian companies said on Monday. The friendly bid -- which provides one Consolidated Thompson share for every five Quinto shares -- would give the larger company Quinto's Peppler Lake and Lamelee iron ore deposits in Quebec. Shares of Consolidated Thompson fell 18 Canadian cents, or 2.3 percent, to C$7.52 on the Toronto Stock Exchange. Quinto jumped 9 Canadian cents, or 6.8 percent, to C$1.42 on the TSX Venture Exchange. ($1=$1.00 Canadian) (Reporting by Jonathan Spicer; Editing by Peter Galloway

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