Cameco Extends Hathor Offer, Does Not Change Bid

Reuters Canada reported Cameco Corp (TSX:CCO) said on Monday that it has extended its takeover offer for Hathor Exploration (TSX:HAT) to November 14.

As quoted in the market news,

Canada’s largest uranium miner did not increase its all-cash bid for the small-cap uranium explorer.

Cameco’s hostile takeover offer values Hathor at C$520 million ($520 million) and had been set to expire on October 31.

 Click here to read the full Reuters Canada report.