Turquoise Hill Resources Ltd. announced today that pursuant to the terms of the Arrangement Agreement and the interim order of the Supreme Court of Yukon dated September 29, 2022 , Turquoise Hill has extended the proxy deadline relating to the special meeting of Turquoise Hill shareholders scheduled for November 1, 2022 to consider, and if deemed [...]
The independent directors of the Board of Turquoise Hill Resources Ltd. remind minority shareholders to vote FOR the Arrangement Resolution to receive C$43.00 per share in Cash representing a 67% premium to Turquoise Hill's closing price of C$25.68 per share on 11 March 2022, the day prior to Rio Tinto's initial public proposal to acquire Turquoise [...]
The independent directors of the Board of Turquoise Hill Resources Ltd. today commented on Institutional Shareholder Services' recommendation in connection with the previously announced proposed plan of arrangement pursuant to which, among other things and subject to the satisfaction or waiver of all applicable conditions precedent, Rio Tinto [...]
Pentwater Capital Management LP , the largest minority shareholder of Turquoise Hill Resources Ltd. welcomes that leading proxy advisor Institutional Shareholder Services has recommended that shareholders of Turquoise Hill vote AGAINST Rio Tinto's proposed C$43/share privatization of Turquoise Hill, agreeing with Pentwater that the proposal as [...]
Turquoise Hill Resources Ltd. today announced that proxy advisor Glass Lewis has recommended that the Company's shareholders vote "FOR" the previously announced proposed plan of arrangement pursuant to which, among other things and subject to the satisfaction or waiver of all applicable conditions precedent, Rio Tinto International Holdings Limited [...]
Turquoise Hill Resources Ltd. today announced third quarter 2022 production and provided an Oyu Tolgoi mine and funding update. Q3 2022 Highlights Q3'22 Copper production of 36.3 thousand tonnes of copper in concentrate, a decrease of 13% vs Q3'21 and an increase of 19% vs Q2'22 Q3'22 Gold production of 42.7 thousand ounces of gold in concentrate [...]
Turquoise Hill Resources Ltd. announced today that it has filed an amendment to its Rule 13e-3 Transaction Statement on Schedule 13E-3 previously filed with the U.S. Securities and Exchange Commission on September 29, 2022. The Amendment is available on the Company's profiles on SEDAR at www.sedar.com and EDGAR at www.sec.gov. The Amendment [...]
Turquoise Hill Resources Ltd. is pleased to announce the mailing today to shareholders of Turquoise Hill of the Management Proxy Circular and associated Form of Proxy and Letter of Transmittal in connection with the arrangement pursuant to which, among other things, and subject to the satisfaction or waiver of all applicable conditions precedent [...]
Turquoise Hill Resources Ltd. announces that a federal court in New York has dismissed all claims made against the Company and three of its current or former executives in a putative class action, backed by Pentwater Capital Management LP , filed in October 2020. The lead plaintiff in the case, a group of private investment funds advised by [...]
Turquoise Hill Resources Ltd. announced today that, based on the unanimous recommendation of an independent special committee of its board of directors , it has entered into an arrangement agreement with Rio Tinto Plc and Rio Tinto International Holdings Limited , a wholly-owned subsidiary of Rio Tinto Plc, in respect of a transaction whereby Rio [...]
Turquoise Hill Resources Ltd. , today announced that it has reached an agreement in principle and entered into a term sheet with Rio Tinto International Holdings Ltd. in respect of a transaction whereby Rio Tinto would acquire the approximately 49% of the issued and outstanding shares of Turquoise Hill that Rio Tinto does not currently own for C$43 [...]
Turquoise Hill Resources Ltd. acknowledges the receipt today of an improved non-binding proposal from Rio Tinto International Holdings Ltd. , to acquire all of the outstanding common shares of the Company it does not own for cash consideration of C$40 per share . Rio Tinto has stated that the New Rio Tinto Proposal is conditional on, among other [...]
