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    cobalt-investing

    Lundin Mining Responds to Correction of Material Information by Equinox

    Investing News Network
    Apr. 13, 2011 07:12AM PST
    Battery Metals Investing

    Lundin 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.

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