Rio Tinto Completes Acquisition of Hathor

IBTimes reported Rio Tinto (NYSE:RIO) acquired complete ownership of Hathor Exploration  (TSX:HAT) and its Roughrider uranium project.

As quoted in the market news:

Rio Tinto Ltd. said on Thursday it had obtained the remaining 7.9 million shares not voluntarily offered after it made its takeover bid. The new development now makes Rio Tinto Ltd. the registered holder of 135.3 million, representing 100 per cent of the outstanding Hathor common shares.

Click here to read the full IBTimes report.