This came about as the result of a strategic review, as Usmar explains.
Usmar said this consortium will bring new leadership and a new name, along with the focus and commitment needed to unlock Thompson’s potential and provide long stability for the region and Canada’s critical minerals sector.
This group will also inject $280-million into the Thompson Complex.
He added the final transaction is expected to take place in the last quarter of this year, with Stacy Kennedy remaining as Head of Operations in the immediate future.
