Hathor Exploration Limited shareholders are urged to promptly tender their common shares to Rio Tinto's increased offer, made through an indirect wholly-owned Canadian subsidiary, to acquire all the common shares of Hathor for C$4.70 per common share in cash before 5:00 pm (Toronto time) on 30 November 2011, when the offer expires unless extended or withdrawn.
Rio Tinto today increased its offer, made through an indirect wholly-owned Canadian subsidiary, to acquire all of Hathor Exploration Limited's common shares to C$4.70 in cash per common share. Rio Tinto's increased offer values Hathor at approximately C$654 million on a fully-diluted basis and represents a premium to Cameco Corporation's unsolicited revised offer of C$4.50 per common share made on 14 November 2011.
Rio Tinto today reiterated its friendly all-cash offer of C$4.15 per common share for Hathor Exploration made on 19 October 2011. Rio Tinto's offer represents a premium of more than 55 per cent to Hathor's unaffected closing price on 25 August 2011. It is also a premium of approximately 11 per cent to Cameco's unsolicited offer of C$3.75 per common share, which was extended until 14 November 2011.
-- Rio Tinto to make an all-cash offer for all the common shares of Hathor for C$4.15 per common share, representing a premium of more than 55 per cent to Hathor's unaffected closing price on 25 August 2011. -- Hathor's board unanimously recommends shareholders accept the Rio Tinto offer. -- Hathor directors and senior management have entered into
Rio Tinto, through an indirect wholly-owned Canadian subsidiary, and Hathor Exploration Limited have agreed that Rio Tinto will make an offer to acquire all of the common shares of Hathor for C$4.15 in cash per common share. The value of the Rio Tinto offer is approximately C$578 million on a fully-diluted basis. Rio Tinto and Hathor have entered into a support agreement for the Rio Tinto offer. The Rio Tinto offer [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 09/14/11 -- Rio Alto Mining Limited ('Rio Alto' or the 'Company') (TSX VENTURE: RIO)(BVLAC: RIO)(OTCQX: RIOAF)(DBFrankfurt: MS2) is pleased to report that for its first quarter ended August 31, 2011 pre-commercial gold production from the La Arena Gold Oxide Mine was 9,385 ounces of gold. The Company is also pleased to provide an update on activities at La Arena.
LONDON, UK, Aug. 24, 2011 /CNW/ -- LONDON, UK, Aug. 24, 2011 /CNW/ - Rio Tinto today exercised its right to subscribe for and acquire common shares in Ivanhoe Mines Ltd. under its Subscription Right. As a result, Ivanhoe Mines will issue 27,896,570 million new shares to a wholly-owned subsidiary of Rio Tinto, Rio Tinto International Holdings Limited, increasing Rio Tinto's ownership in Ivanhoe Mines by 2.0 per cent
Rio Tinto has given notice to Ivanhoe Mines Ltd (Ivanhoe) that it is exercising its remaining warrants, which will increase its ownership of Ivanhoe shares from 42.0 per cent to 46.5 per cent. Under Rio Tinto′s agreement with Ivanhoe in ...
SINGAPORE, SINGAPORE -- (Marketwire) -- 12/17/10 -- Robert Friedland, Executive Chairman and Chief Executive Officer of Ivanhoe Mines (TSX: IVN) (NYSE: IVN) (NASDAQ: IVN), announced today that the company has filed the final prospectus that provides ...
Rio Tinto announced today that it has given notice to Ivanhoe Mines Ltd. that it has referred to arbitration Ivanhoe's breaches of the Private Placement Agreement caused by its adoption of the Shareholders Rights Plan. Before its adoption, Rio ...
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