First Quantum Minerals Ltd (FM.TO) said on Tuesday its shareholders voted in favor of a five-for-one stock split that was put forward by the board in June, a move expected to boost liquidity and widen its investor base. The Vancouver, British Columbia-based miner said its common shares will commence trading on the Toronto Stock Exchange on a split basis on Aug. 9. The record date for the stock split will be Aug. 11. The share split was approved at a special meeting of shareholders on July 29. The stock split will not change the rights of holders of common shares, First Quantum said in a statement. The copper and gold miner operates mines in Mauritania and Zambia. It is also in the process of developing projects in Australia, Finland and Peru.
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