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Cream Minerals Limited Receives Formal Offer from Endeavour Silver

Written by Investing News Network
|
Oct. 06, 2010 09:52PM PST

Cream Minerals Ltd. (CVE:CMA) reports receiving a formal offer from Endeavour Silver Corp.(AMEX:EXK) to purchase all of the issued and outstanding shares of Cream Minerals for $0.12 per share in cash. The Cream Minerals’ Special Committee and Board of Directors, in consultation with its financial and legal advisors, will thoroughly evaluate the Endeavour offer. After this evaluation, the Cream […]

Cream Minerals Ltd. (TSXV:CMA) reports receiving a formal offer from Endeavour Silver Corp.(AMEX:EXK) to purchase all of the issued and outstanding shares of Cream Minerals for $0.12 per share in cash.

The Cream Minerals’ Special Committee and Board of Directors, in consultation with its financial and legal advisors, will thoroughly evaluate the Endeavour offer. After this evaluation, the Cream Minerals Board will issue a Directors’ Circular that will contain important information, including if appropriate the Board’s recommendation to shareholders with respect to the Endeavour offer. 

For complete news release, click here.

For Cream Minerals’ company profile, click here.

tsxv:cma amex:exk
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