Stocks in play: Noranda Income Fund

Has reached an agreement with Glencore Canada on the terms under which zinc concentrate will be purchased and zinc metal will be sold for the period of May 1, 2022, to April 30, 2023. For the 2022/2023 contractual period, the Fund’s purchases of primary zinc concentrates will be made 60% at a fixed treatment charge and 40% at a variable treatment charge that will fluctuate in line with market movements, among other conditions. Noranda Income Fund shares T.NIF.UN are trading up $0.05 at $1.45.

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