Duluth Metals is pleased to announce that it has completed its previously announced proposed arrangement with Antofagasta Investment Company. Under the Arrangement, Antofagasta has acquired all of the outstanding common shares of Duluth at a price of CDN$0.45 per Duluth Share in cash. The Duluth Shares are expected to be de-listed from the Toronto [...]
Duluth Metals is pleased to announce that Duluth has received final court approval for the previously announced proposed arrangement with Antofagasta Investment Company, a wholly-owned subsidiary of Antofagasta plc. Under the Arrangement, Antofagasta will, subject to the provisions of the arrangement agreement dated November 21, 2014 between Duluth [...]
Duluth Metals is pleased to announce that, at its special meeting of shareholders held today, shareholders approved the previously announced proposed arrangement with Antofagasta Investment Company, a wholly-owned subsidiary of Antofagasta plc. Under the Arrangement, Antofagasta will, subject to the provisions of the arrangement agreement dated [...]
Duluth Metals announced today that ISS Proxy Advisory Services released a report recommending that Duluth shareholders vote in favour of the proposed arrangement with Antofagasta Investment Company. The ISS Report states that, "A vote FOR is warranted based on a review of the terms of the transaction, in particular, the significant cash premium [...]
Duluth Metals is pleased to announce that it has commenced mail-out of the management information circular and related materials in connection with the meeting of Duluth shareholders being held to approve the proposed arrangement with Antofagasta Investment Company, a wholly-owned subsidiary of Antofagasta plc. Under the Arrangement, Antofagasta [...]
Duluth Metals is pleased to announce that the Ontario Superior Court of Justice today granted an interim order providing for, among other things, the calling and holding of a meeting of Duluth shareholders to approve Duluth's previously announced proposed arrangement with Antofagasta Investment Company Limited, a wholly-owned subsidiary of [...]
Duluth Metals today announced that, further to its news release dated November 10, 2014, it has completed the second tranche of the private placement with Antofagasta Investment Company, comprised of 2,888,888 common shares at a price of CDN$0.45 per share for gross proceeds of approximately CDN$1,300,000. The private placement was completed in [...]
Duluth Metals today announced that it has signed the definitive acquisition agreement with a wholly-owned subsidiary of Antofagasta pursuant to which Antofagasta has agreed, subject to the terms of the Acquisition Agreement, to acquire all of the outstanding common shares of Duluth Metals by way of a plan of arrangement at a price of CDN$0.45 per [...]
Duluth Metals today announced that, further to its news release dated November 3, 2014, it has completed the initial tranche of the private placement with Antofagasta Investment Company, comprised of 2,222,222 common shares at a price of CDN$0.45 per share for gross proceeds of approximately CDN$1,000,000. The private placement was completed in [...]
Duluth Metals announced today that it has terminated its previously announced private placement with Industrial Alliance Securities Inc. acting as agent. This news release does not constitute an offer to sell, or a solicitation of an offer to buy, any of the securities in the United States. The securities have not been and will not be registered [...]
Duluth Metals today announces that it has entered into a binding agreement with Antofagasta pursuant to which Antofagasta has agreed, subject to the terms of the Acquisition Agreement, to acquire through a wholly owned subsidiary, all of the outstanding common shares of Duluth Metals by way of a friendly take-over bid or a plan of arrangement at [...]
Duluth Metals announced today that the closing date on their previously announced private placement has been extended from October 21, 2014 to on or about October 31, 2014. On October 8, 2014 the Company announced that Industrial Alliance Securities has undertaken to arrange a private placement of common shares for gross proceeds of up to CDN $5 [...]