Lundin Mining Responds to Correction of Material Information by Equinox
Apr. 13, 2011 07:12AM PST
Battery MetalsLundin Mining Corporation (TSE:LUN) announced its response to Equinox’s (TSE:EQN) retraction of material information concerning its takeover bid for Lundin.
Lundin Mining Corporation (TSX:LUN) announced its response to Equinox’s (TSX:EQN) retraction of material information concerning its takeover bid for Lundin.
The press release is quoted as saying:
Commenting on the retraction, Mr. Phil Wright, Chief Executive Officer of Lundin Mining, said, “It is clear that the Board’s concerns were well founded. I do not see how you can retract information as fundamental as a life of mine statement that had a material effect on your share price without considering withdrawal of your bid.”
To read the full press release, click here.