Mergers & Acquisitions

Inmet Recommends Shareholders Tender To First Quantum's Offer

Inmet Mining Corp. (IM.TO) Friday said its board recommends that all Inmet shareholders tender their shares to the extended offer on or before the deadline of 5:00 p.m on April 1 in order to facilitate prompt receipt of the offer consideration.

This decision follows the announcement by First Quantum Minerals Ltd. (FM.TO) that 85.5% of the outstanding Inmet shares have been tendered to and taken up under the First Quantum offer.

by RTTNews Staff Writer

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