Rio Tinto has acquired Hathor Exploration stating: "All of the conditions of the offer, made through an indirect wholly-owned Canadian subsidiary, have been satisfied. Appx. 94,950,089 Hathor common shares were validly tendered by shareholders or held by an affiliate of Rio Tinto, representing 70.21% of the outstanding Hathor common shares on a fully diluted basis."
The Co has also extended its offer to acquire all the common shares of Hathor for C$4.70 in cash by 10 days to December 12.
