- AustraliaNorth AmericaWorld
Investing News NetworkYour trusted source for investing success
- Lithium Outlook
- Oil and Gas Outlook
- Gold Outlook Report
- Uranium Outlook
- Rare Earths Outlook
- All Outlook Reports
- Top Generative AI Stocks
- Top EV Stocks
- Biggest AI Companies
- Biggest Blockchain Stocks
- Biggest Cryptocurrency-mining Stocks
- Biggest Cybersecurity Companies
- Biggest Robotics Companies
- Biggest Social Media Companies
- Biggest Technology ETFs
- Artificial Intellgience ETFs
- Robotics ETFs
- Canadian Cryptocurrency ETFs
- Artificial Intelligence Outlook
- EV Outlook
- Cleantech Outlook
- Crypto Outlook
- Tech Outlook
- All Market Outlook Reports
- Cannabis Weekly Round-Up
- Top Alzheimer's Treatment Stocks
- Top Biotech Stocks
- Top Plant-based Food Stocks
- Biggest Cannabis Stocks
- Biggest Pharma Stocks
- Longevity Stocks to Watch
- Psychedelics Stocks to Watch
- Top Cobalt Stocks
- Small Biotech ETFs to Watch
- Top Life Science ETFs
- Biggest Pharmaceutical ETFs
- Life Science Outlook
- Biotech Outlook
- Cannabis Outlook
- Pharma Outlook
- Psychedelics Outlook
- All Market Outlook Reports
ISS Report Recommends Antofagasta’s Duluth Acquisition
Duluth Metals Ltd. (TSX:DM) announced that ISS Proxy Advisory Services has recommended in a report that the company’s shareholders vote in favor of its arrangement with an Antofagasta plc (LSE:ANTO) subsidiary.
Duluth Metals Ltd. (TSX:DM) announced that ISS Proxy Advisory Services has recommended in a report that the company’s shareholders vote in favor of its arrangement with an Antofagasta plc (LSE:ANTO) subsidiary.
As quoted in the press release:
ISS Report states that, ‘A vote FOR [the Arrangement] is warranted based on a review of the terms of the transaction, in particular, the significant cash premium which will provide certainty of value, the reasonable strategic rationale, and the favourable market reaction’.
Under the Arrangement, Antofagasta will, subject to the provisions of the arrangement agreement dated November 21, 2014 between Duluth and Antofagasta (the ‘Arrangement Agreement’), acquire all of the outstanding common shares of Duluth at a price of CDN$0.45 per common share in cash.
Click here to read the full Duluth Metals Ltd. (TSX:DM) press release.
Latest News
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.