UPDATE 1-Glencore to acquire stake in Canadian miner Trevali

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By: Reuters: Company News

Posted on March 01, 2012 at 08:32 AM EST

March 1 (Reuters) - Trevali Mining Corp said on Thursday that commodities trader Glencore International Plc will acquire a 7.8 percent stake in Trevali through a private placement deal worth $18 million.