MONTRÉAL, Nov. 28, 2011 /CNW Telbec/ - 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
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 [...]
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 [...]
-- 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
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 [...]