Dec 18 (Reuters) - Katanga Mining Ltd KAT.TO said on Tuesday it had reached a settlement with a Canadian regulator over investigation of some historical disclosures related to a business in the Democratic Republic of Congo.
The Glencore-controlled GLEN.L company will pay C$28.5 million ($21.24 million) to settle with the Ontario Securities Commission, after saying it had misstated certain financial statements and not maintained adequate disclosure controls. ($1 = 1.3421 Canadian dollars)