URSA Major and Prophecy Platinum Complete Merger

URSA Major Minerals Incorporated (TSX:UMJ) announced the completion of the the acquisition of URSA Major by Prophecy Platinum.

As quoted in the press release:

The last day of trading of the common shares of URSA Major on the TSX will be close of markets on July 18, 2012.

Following the transaction, Prophecy Platinum will have a total of approximately 58,705,461 common shares issued and outstanding, as well as options and warrants entitling holders to purchase approximately 9,037,347 common shares, at exercise prices ranging from $7.50 to $0.9 and having expiry dates ranging from August 9, 2012 to July 13, 2017.

Click here to read the URSA Major Minerals Incorporated (TSX:UMJ) press release.