Takeover Targets in the Athabasca Basin

- December 2nd, 2011

Financial Post reported Hathor Exploration Ltd. (TSX:HAT) is almost a done deal, as Rio Tinto Ltd. (NYSE:RIO) has taken up most of the shares.

Financial Post reported  Hathor Exploration Ltd. (TSX:HAT) is almost a done deal, as Rio Tinto Ltd. (NYSE:RIO) has taken up most of the shares.

As quoted in the market news:

There are plenty of other acquisition targets in Saskatchewan’s Athabasca Basin besides Hathor, according to Dundee Capital Markets analyst David Talbot. And with Rio Tinto showing it wants to be a player in the region, he would not be surprised to see a few more deals.

Click here to read the full Financial Post report.

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