Company Profile

Noranda Income Fund (the Fund) is a Canada-based open-ended income trust. The Fund's objective is to make monthly distributions to Unitholders. The Fund owns the electrolytic zinc processing facility and ancillary assets (the Processing Facility) located in Salaberry-de-Valleyfield, Quebec, approximately 60 kilometers southwest of Montreal, on an 820-acre site situated on the St. Lawrence Seaway. The Processing Facility produces refined zinc metal and various by-products from zinc concentrate produced by mining operations. It produces refined zinc metal and various by-products from sourced zinc concentrates, including sulphuric acid. Its main use is to galvanize steel for the construction and automotive industries. Zinc is also used in the production of die castings and brass. Zinc powders, oxide and dust are used in the manufacture of batteries, rubber tires, pigments and various creams. Canadian Electrolytic Zinc Limited is the manager of the Fund.

Employees

538

Sector

Specialty Mining & Metals

More about the company

15/03/23	Glencore Canada Closes Noranda Income Fund Acquisition	MT
15/03/23	Glencore Canada Corporation completed the acquisition of remaining 75% stake in Noranda Income Fund (TSX:NIF.UN) from LM Asset Fund Limited Partnership, managed by Qwest Investment Fund Management Ltd, Qwest Investment Fund Management Ltd, Douglas Warwickon and others.	CI
03/03/23	Noranda Income Fund Says Court Approves Purchase by Glencore	MT
28/02/23	Noranda Income Fund Unitholders Approve Purchase by Glencore	MT
23/02/23	Noranda Income Fund Says Glencore Canada Raised Purchase Price; Signs Support Agreements; Up Over 36%	MT
26/01/23	Noranda Income Fund Brief: Independent Committee Urges Unitholders to Vote for Arrangement With Glencore Canada and Secure their All-Cash Offer	MT
13/01/23	Noranda Income Fund Addresses Comments Made by Activist Unitholders	MT
11/01/23	Noranda Income Fund Unitholders Comment on Glencore Canada Buyout Proposal	MT
09/01/23	Noranda Income Fund Surges Near 43% as Glencore Canada Agrees To Acquire Fund's Priority Units For $53 Million	MT
09/01/23	Glencore Canada To Acquire Noranda Income Fund Priority Units For $53 Million	MT
09/01/23	Noranda Income Fund Brief: Glencore Canada to Acquire Noranda Income Fund Priority Units in an All-Cash Transaction	MT
09/01/23	Glencore Canada Corporation entered into an arrangement agreement to acquire remaining 75% stake in Noranda Income Fund (TSX:NIF.UN) from LM Asset Fund Limited Partnership, managed by Qwest Investment Fund Management Ltd, Qwest Investment Fund Management Ltd, Douglas Warwickon and others for CAD 74.2 million.	CI
20/12/22	Noranda Income Fund Brief: Approved a special cash distribution of $0.03 per unit payable on January 25, 2023, to Priority and Ordinary Unitholders of record as at the close of business on December 30, 2022	MT

15/03/23	Noranda Income Fund Announces Completion of Acquisition by Glencore	GL
03/03/23	Noranda Income Fund Announces Court Approval of Acquisition by Glencore	GL
28/02/23	Noranda Income Fund Announces Unitholder Approval of Acquisition by Glencore	GL
28/02/23	Noranda Income Fund Announces Unitholder Approval of Acquisition by Glencore	AQ
23/02/23	IIROC Trade Resumption - NIF.UN	AQ

15/03/23	Le Fonds de revenu Noranda annonce la réalisation de son acquisition par Glencore
15/03/23	Le Fonds de revenu Noranda annonce la réalisation de son acquisition par Glencore
03/03/23	Le Fonds de revenu Noranda annonce que la Cour a approuvé son acquisition par Glencore
28/02/23	Le Fonds de revenu Noranda annonce que ses porteurs de parts ont approuvé son acquisition par Glencore
23/02/23	Le Fonds de revenu Noranda annonce l’augmentation du prix d’achat à 1,98 $ par part prioritaire et la conclusion de conventions de soutien avec des porteurs de parts représentant environ 22 % des parts prioritaires

Manager	Title	Age	Since
Paul Einarson CEO	Chief Executive Officer	-	01/01/2021
Sylvain Lirette DFI	Director of Finance/CFO	-	01/01/2021
Martin Fillion COO	Chief Operating Officer	-	12/04/2019

Director	Title	Age	Since
François Roy BRD	Director/Board Member	69	21/10/2010
Dirk Vollrath BRD	Director/Board Member	65	02/12/2013
Anthony Lloyd CHM	Chairman	78	-

Noranda Income Fund Stock

Stocks

NIF.UN

CA6554321027

Specialty Mining & Metals

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Quotes and Performance

Managers and Directors: Noranda Income Fund

Latest insider transactions

Nonferrous Metal Processing

Company Profile

Date	Insider	Type	Main position	Quantity	% Market Cap.
17/03/23	Anthony Lloyd	Marche	Chairman	30,000	0.0800%
17/03/23	Peter Wright	Marche	Director	10,000	0.0267%
16/03/23	François Roy	Marche	Director	35,000	0.0934%

Add to a list 0 selected To use this feature you must be a member Log in Sign up	Change	5-day change	1-year change	3-year change	Capi.($)
NORANDA INCOME FUND	-0.51%	-.--%	-	-	53.91M
SOUTHERN COPPER CORPORATION	-1.69%	-1.17%	+68.87%	+188.97%	168B
FREEPORT-MCMORAN INC.	-1.03%	-3.88%	+77.23%	+85.79%	99.49B
CMOC GROUP LIMITED	+0.78%	-1.17%	+7.52%	+185.62%	51.5B
ANTOFAGASTA PLC	+1.64%	+0.59%	+40.31%	+165.16%	48.06B
NORNICKEL ADR	+1.03%	-.--%	-.--%	-.--%	31.84B
SOCIEDAD MINERA CERRO VERDE S.A.A.	+1.79%	+2.24%	+65.56%	+127.93%	24.34B
FIRST QUANTUM MINERALS LTD.	+0.55%	-14.41%	+20.99%	+19.79%	22.34B
JX ADVANCED METALS CORPORATION	+0.19%	+1.60%	+72.29%	-	21.76B
JIANGXI COPPER COMPANY LIMITED	-0.43%	-0.49%	+4.13%	+180.65%	18.68B
Average	+0.38%	-3.29%	+39.66%	+119.24%	54.02B
Weighted average by Cap.	-0.07%	-2.59%	+52.05%	+139.41%