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Company News

BRIEF-Ontario Teachers' Pension Plan And Glencore Canada Announce Formation Of BaseCore Metals LP

Dec 5 (Reuters) - Glencore Plc:

* ONTARIO TEACHERS’ PENSION PLAN, GLENCORE CANADA ANNOUNCE FORMATION OF BASECORE METALS LP, A 50:50 JV LIMITED PARTNERSHIP

* ONTARIO TEACHERS’ PENSION PLAN - VALUE OF INITIAL ROYALTY PORTFOLIO CONTRIBUTED TO BASECORE METALS IS ABOUT $300 MILLION

* ONTARIO TEACHERS’ PENSION PLAN - GLENCORE AND ONTARIO TEACHERS’ WILL EACH HAVE RIGHT TO NOMINATE DIRECTORS TO BASECORE BOARD Source text for Eikon: Further company coverage:

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